I added to my GOOG position after BMO Capital raised its price target to $343 on December 16 while reiterating an “Outperform” rating. Alphabet (GOOG) demonstrates strong fundamentals and bullish analyst sentiment, supported by its AI-driven growth and market leadership, though elevated valuation metrics warrant caution. Alphabet’s AI momentum and robust profitability justify its premium, but investors should monitor execution risks and valuation stretchedness.
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