Alphabet: Too Cheap Given The AI Potential

Alphabet Inc., aka Google (NASDAQ: GOOG , GOOGL), beat consensus expectations for the second quarter in terms of its earnings and revenues. Alphabet up-sized its CapEx plan as well, by a material $10.0B compared to the previous guidance, and theAnalyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG, AAPL, AMZN, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...