Google's Antitrust Weakness Is A Buying Opportunity (Rating Upgrade)
GOOGAlphabet(GOOG) Seeking Alpha·2024-09-16 20:30
AVNphotolab/iStock via Getty Images Introduction Amid well-publicized antitrust issues, Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) stock has recently diverged from broader equity indices and its big tech peers. So much so that Google stock is now underperforming the S&P-500 (SPY) and Nasdaq-100 (QQQ) on a year-to-date basis after having outperformed significantly during the first half of 2024: YCharts Given Alphabet's robust business performance in Q2 2024 - revenue growth re-accelerating to +14% y/y, op ...