Alphabet Stock Prediction: Strong Growth with No Signs of Stopping

August 3, 2016
Samantha Fischler is a Junior Financial Analyst at I Know First.

Alphabet Stock Prediction: Strong Growth with No Signs of Stopping

Summary
  • Google was bought by Alphabet in 2015 as part of its restructuring of the company
  • Alphabet’s Q2 Earnings were release on July 28 showing the company’s strong growth
  • Alphabet’s ‘Moonshot Projects’ have been costing more than the revenue they’ve been bringing in
  • Alphabet secured permission from the FAA to test drones at an FAA testing site
  • Alphabet’s Verily and GlaxoSmithKline are working together to form a bioelectronics company
  • I Know First’s algorithm is currently bullish on GOOG in the long term

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