Stay on topic in your discussions, and avoid making off-topic or irrelevant posts. If you want to discuss a different topic, it is okay provided you mark the subject starting 'OT:', and also consider posting on a different board.
- Manlobbi
Stocks A to Z / Stocks G / Alphabet (GOOG)
No. of Recommendations: 1
A year's anticipated price movement in a day, anybody selling...
No. of Recommendations: 5
Not selling (yet), but I have a boat load of shares and will probably sell eventually.
I wouldn't be surprised to see valuation multiples rise a bit, potentially to say 7x revenue and 30x earnings. This might suggest a price over $275 in the next 12 months*. At $230 the upside has clearly been reduced from when it was in the $150 range.
tecmo
...
*assuming current market conditions persist
No. of Recommendations: 4
Why not just let it run?
If we are truly in early innings of AI, maybe just letting the monster run free for 5-10 years could yield a satisfying return. Especially in light of such a low valuation relative to other big players today.
GOOG has been my best idea for past years. Hoping my patience and acquiring a very full position along the way will work out.
Today, the risk level has definitely softened.
Unless something significant changes, that’s my heading and I’m holding this course.
No. of Recommendations: 4
“Not selling (yet), but I have a boat load of shares and will probably sell eventually.
I wouldn't be surprised to see valuation multiples rise a bit…”
Very well played tecmo! I know you’ve been a vocal & loyal owner for years as well, openly sharing your thoughts.
It’s still a top 3 position for me and I’m going to just sit tight, esp. with Forward PE of ~20 and likely multiple expansion.
Very happy with the legal decision, but attorneys will keep coming after these massive and successful big tech players, as they have for 3 decades. Fortunately, big tech has had outstanding legal representation and done pretty well in the courtroom for themselves and owners.
