Search No Further than Alphabet (formerly Google) for Your AI Exposure

Alphabet (formerly known as Google) announced its plans Monday evening to raise cash by selling $80 billion in stock. We were surprised by the news, especially for a company that generates $165 billion in cash flow each year. Furthermore, they’ve only tapped the equity market twice before — once when it went public in 2004 […]

Time to Search for a Google Replacement?

Google’s parent, Alphabet, is delivering strong results—yet shares are down almost 19% year-to-date. (Disclosure: Clients, Jeff Pollock, and Sunni Schneider are shareholders of Alphabet. No compensation was received to write this blog.) Last quarter, Alphabet reported: Despite these strong fundamentals, the stock trades at just 16x earnings, a meaningful discount both to the broader market […]