Alphabet Inc.
A recession would hurt advertising, but Alphabet is resilient. Competitive advantages protect the...
A recession would hurt advertising, but Alphabet is resilient. Competitive advantages protect the core business's downside, while secretive moonshot investments give upside. With plenty of capacity to borrow and a mountain of cash, I rate the stock an Add, as it is undervalued by 21% and offers a 12% IRR.
Summary
Company name: Alphabet Inc.
Ticker: GOOGL
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