No, the market is not “missing something” on the 3rd biggest company in the world.
GOOG is not undervalued by any means. Almost all of Googles growth in the past 12 years has came in the past 2 years. No one knows if their earnings are even sustainable at this rate. They aren’t expected to increase earnings at all this year compared to last.
This sub has turned into a cult for this stock which has failed terribly at doing anything other than advertising and still has a ton of potential issues with privacy.
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