TIPS FROM OUR PARTNERS' GOOGLE STOCK ANALYSIS
Google has grown at a blinding pace since going public, is it still a stock worth picking up?
If you could only own ONE stock, which should you pick?
Our partners Brian Feroldi and Brian Stoffel analyzed Google (GOOGL) to see if it was still a stock worth investing in despite its price tag. Here are 5️⃣ great tips they shared:
1️⃣ One of Google’s most competitive advantages is how it can provide widespread advertisement to clients at a super low cost for both parties. This has allowed the company to keep its debt low and cash reserves high: $14 and $136 Billion respectively. 👀
2️⃣ Google started as a search engine but has now branched out into email, maps, video, cloud storage, mobile operating systems, and more with 1 BILLION active users. The company is an expert at fulfilling its customer’s needs within its own network.
3️⃣ GOOGL stock is up 5000% (yes, you read that right) since it went public in 2004, yet it is still seeking to grow. It invests heavily in other promising companies that it calls “Other Bets” like Calico, Sidewalk Labs, Verily, and more to get a piece of the pie.
4️⃣ Because of the insane amount of data that Google can gather, the advertising arm of the company brings in the most amount of revenue by far. This will drive income for the foreseeable future, although the company is looking for its next big revenue source.
5️⃣ GOOGL stock got an 11/11 score for beating the market and analyst estimates consistently, as well as continually buying back shares. This stock was rated higher than nearly any other stock they’ve featured before!
Check out the breakdown:
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See what other stocks passed Brian Feroldi's Quality Checklist
💥 Bonus💥 Google stock made it on to Brian Feroldi’s Quality Checklist Portfolio which just passed 1000 followers! He adds each worthy stock after they analyze them on YouTube.
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