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GOOGL Stock Forecast: Unchallenged Leadership in Advertising Will Boost Google To $3,000

July 24, 2021

The GOOGL stock forecast 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

GOOGL’s stock price has shot up over +90% since my June 2020 buy recommendation.
I am still rating GOOGL as a buy. Exuberant investors are already boosting GOOGL’s price even before it does its Q2 ER.
The Delta and other current and upcoming COVID-19 variants will continue to boost the digital and mobile advertising business of Google.
Learn-from-home and work-from-home are again the new normal because vaccinated people still get infected by new variants of the COVID-19 virus.
Politicians are compelling telcos to put up 5G cellular towers even in rural impoverished towns. Increased 5G deployment and cheap 5G smartphones are a tailwind for Google.