- I believe that Alphabet is moving more rapidly to grow a number of its divisions. I believe market participants will raise its value higher.
- We see Waymo opening a number of new cities in rapid succession and gaining share. Waymo should receive the same valuation for Robotaxi that Tesla does.
- Google cloud platform is profitable and growing at 30% per year. Renewing an effort to take market share from Microsoft Office via a potentially very large deal with the GSA.
- I am David H. Lerner. For the past decade I have utilized my background in tech consulting to identify market trends and provide investment ideas. I am the leader of the investing group Group Mind Investing
Alphabet May Become the Largest Company in the World or get mighty close, Here’s How
Tough market
This week has not been easy for the market participant, whether a trader, medium-term speculator, or buy-and-hold investor. Even the pros are having a hard time as hedge funds have reported losses on either side of the trade, long or short. This is a yo-yo market where stocks shoot up 12% one day, then down big the next, then up big again. What’s the little guy to do? Since the 3rd week of February, I have been moving away from stressing trading, where now I just don’t. When this VIX is this high, the volatility is enormous, trading is really dangerous. Once the VIX comes back down to 17-16-15, I am avoiding it. What I have been doing is concentrating on my investment account, and concentrating on the best quality large capitalization stocks as they have been coming down. For the last several years, I had relatively small positions in the Mag7 names, and looked for medium-sized stocks that were dislocated from their valuation, and traded at a discount that I could gain from. With big-cap tech selling at a discount of as much as 30%, concentrating on growing positions here made sense.
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