Subject: Re: FKA: Alphabet
Nibbled more Alphabet @ $167 FPE <20 and feels like reasonable valuation & risk/ reward.
So did I. The price may go a lot lower with the rest of the market, but I can't resist with a market cap of $2t and $100b in net earnings TTM, so a P/E of 20, less than the S&P 500 average for the company with arguably the best moat in the world. Doesn't seem right.