AAPL 175.04 4.3271% MSFT 427.93 1.1033% GOOG 160.79 1.9853% GOOGL 159.41 2.0943% AMZN 189.05 1.6671% NVDA 906.16 4.1097% META 523.16 0.6406% TSLA 174.6 1.6535% TSM 147.2 0.6702% LLY 759.59 -0.3137% V 275.68 0.4372% AVGO 1382.46 4.5441% JPM 195.43 -0.0205% UNH 441.72 -1.8509% NVO 125.4 0.3762% WMT 60.09 -0.8743% LVMUY 171.12 0.5228% XOM 121.78 -0.3437% LVMHF 857.08 0.5255% MA 468.31 -0.1833%

Nov 03, 2022

GOOGL:NASDAQ
Investment Type
Large-cap
Risk Level
Action
Rec. Price ()

Section 1: Company Overview and Fundamentals

1.1 Company Overview:

Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube. The Company's Google Workspace collaboration tools include applications, such as Gmail, Docs, Drive, Calendar, Meet, and various others. The Company also has various hardware products.

1.2 The Key Positives, Negatives, and Investment summary

1.3 Key Metrics:

GOOGL has comparatively performed better and more efficiently than its peer, which can be seen through higher profitability margins at all levels of operations. Lastly, GOOGL generated above-average ROE in Q3FY22 of 5.5% p.a. as compared to an industry median of 031% for the same time.

1.4 Top 10 shareholders:

The top 10 shareholders together form ~28.50% of the total shareholding, signifying diverse shareholding. The Vanguard Group, Inc. and BlackRock Institutional Trust Company, N.A. are the biggest shareholders, holding the maximum stake in the company at ~7.91% and ~4.38%, respectively.

Section 2: Business Updates and Financial Highlights

2.1 Recent Updates:

The below picture gives an overview of the recent updates:

 2.2 Insights of Q3FY22:

Section 3: Key Risks

Section 4: Stock Recommendation Summary:

4.1 Price Performance and Technical Summary:

4.2 Fundamental Valuation

Valuation Methodology: Price/Earnings per share Multiple Based Relative Valuation

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is November 02, 2022. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.


Disclaimer-

Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.

Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.