Alphabet: Still Undervalued, Caution Warranted

Group 1 - Alphabet (GOOG, GOOGL) has shown strong performance and is the only FAANG company that the firm is increasing investment in, indicating confidence in its growth potential [2] - The company maintains a robust core business that continues to grow at double-digit rates, highlighting its competitive position in the market [2] Group 2 - The Value Portfolio employs a fact-based research strategy to construct retirement portfolios, which includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2]