Robert Bender&Associates, managed by Robert L. Bender, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund increased its position by 3,188 shares.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
Alphabet’s overall stock score is driven by exceptional financial performance with strong revenue and profit growth. The technical analysis reflects a bearish trend, which slightly tempers the outlook. In terms of valuation, the P/E ratio suggests a fair value, while the earnings call indicates strong growth prospects, particularly in AI and Cloud, despite some noted challenges.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: -19.38%
Average Trading Volume: 22,320,794
Current Market Cap: $1854.7B