The Google stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Google is a large-cap company with a strong balance sheet, steady revenue and earnings growth. According to most financial analysts the search engine company is among the safest technology companies to invest in for the long term
Nvidia is still the undisputed AI leader. But Google's parent company, Alphabet, could also be a long-term winner. With shares up by a healthy 59% over the last 12 months, Alphabet (GOOG -0.86%) (GOOGL -0.83%) stock is posting a healthy recovery after the slump it experienced in 2022.
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▶️Notice: This video was made for informational purposes. The stocks and financial products mentioned in this video are not buy or sell recommendations.
Each investor must do their analysis before investing. Please seek personalized financial advice if you need it.
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