Nuthawut Somsuk
Summary
- Google has continued getting pummeled in the news cycle, although threats have yet to actually materialize for its business.
- The Samsung contract has not been cancelled, and Google’s search engine is still getting similar levels of usage.
- The real threat here is Google’s executives overreacting and messing with the golden goose: Google.com.
- However, given the Google founders’ ongoing involvement with and control over the firm, I don’t foresee that happening.
- Considering all of this together, I still think Google is a buy.
Overview
Google/Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has continually been in the news cycle for the supposed threats that it is facing to its core Search business from Microsoft (MSFT). A few days ago we saw the latest salvo in this ongoing conflict, with the New York Times posting a searing headline that shows just how serious this situation has become:
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