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Alphabet Taps The Bond Market, High Bar Into Google I/O, Raising My Target
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Alphabet Taps The Bond Market, High Bar Into Google I/O, Raising My Target

Seeking Alpha·Mike Zaccardi, CFA, CMT·17 days ago
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Home Stock Ideas Long Ideas Communication Services Summary Alphabet remains a top GARP play, with a reiterated "Buy" rating and upside potential to $425–$430. Q1 results exceeded expectations: EPS of $5.11, revenue of $109.9 billion, and Google Cloud revenue up 63%. High capex and AI investments are driving growth, but margin and free cash flow trends warrant close monitoring. Technical momentum is robust, with bullish breakout above $350 and all-time highs supporting further upside. Nicolae Popescu/iStock via Getty Images Alphabet ( GOOGL ) has been the Mag 7 star in the past year. Shares are up 143% on a total return basis from 12 months ago, outperforming the Roundhill Magnificent Seven ETF ( MAGS ) and the S&P 500 ETF ( Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.…

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