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GOOGL Stock Forecast: Navigating the Tech Giant’s Momentum

This GOOGL stock forecast article was written by Eliahu Gabay – Financial Analyst at I Know First.

GOOGL's stock has shown an impressive rise of close to 18% in the past month, indicating positive market sentiment.
Google's focus on generative AI presents opportunities to improve ad relevance, performance, and monetization, enhancing its search engine's capabilities.
Microsoft’s Bing hasn’t eaten into Google’s search engine dominance.
The company's revenue growth, particularly in online advertising and the cloud segment, demonstrates its strong financial health and potential.
Alphabet Inc., Google's parent company, announced a substantial stock buyback of $70 billion, fueling the market’s desire for investment in GOOGL.

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Twitter is now profitable and has more than $6.2 billion in cash and short-term investments.
I still rate TWTR as a sell. For more than a decade now, Twitter remains way behind Facebook and Google when it comes to advertising.
Twitter’s persistent failure to become a top 5 digital advertising business convinced me it has ceased to be a growth stock.
Selling its users’ tweets to third-party companies is not going to be a major growth driver for Twitter.
Even I Know First has a neutral or ignore rating for TWTR. Many investors obviously lost enthusiasm for Twitter.

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Google is the largest beneficiary of the booming internet advertising industry.
Google now wants to police the internet advertising industry by adding an integrated ad-blocking software for its Chrome browser next year.
Chrome is the most popular browser in the world today. Google can effectively use it to enforce its rule that online ads should not be annoying to users.
Google’s act is a disciplinary action to force advertisers and site owners to minimize use of intrusive/annoying online and mobile ads.
I Know First Research still has positive near and long-term forecasts for GOOGL.