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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.

Image result for baidu images [Source: eTrans Systems, May 9th, 2018]

It’s been 10 months since my last buy endorsement for BIDU. The stock has since shot up by more than 40%
I am still reiterating a buy for Baidu. This Google of China has more upside potential.
It is true that Baidu’s market share in China’s online ads is declining. However, China online advertising industry is still growing a more than 20% CAGR.
For this year, China’s online ads will generate estimated revenue of 497.1 billion yuan or $77.6 billion. This estimate is expected to grow to $120 billion $by 2020.
Baidu still touts 77.5% market share in China’s search engine market. Baidu is in great position to benefit so much from China’s search engine ads.