Google Is At A Discount Due To Regulatory Confusion
GOOGAlphabet(GOOG) Seeking Alpha·2024-08-22 11:58

Adam Gault/OJO Images via Getty Images Google or Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), has performed poorly in the past few weeks. At least some of this underperformance versus the broader market, if not much of it, is apparently due to a federal court's ruling that that Google has acted as a monopoly and violated antitrust laws. I believe that concern regarding this issue is substantially overestimated, and that current valuation presents both a short and long-term value opportunity. The crux of the regul ...