Please do not underestimate Google's stock buyback.

Currently, the profit stagnation period has ended, and the Federal Reserve is likely to cut interest rates in September.There is a high possibility of a rate cut.It is.

According to reports, about 40%was planning to announce a $70 billion buyback plan in April 2024.Although it is said that it has already been run, there is no reliable source of information, so if you know how to directly verify this information, please let me know.

Additionally, Google does not provide profit guidance, which has deterred speculators, causing Google to remain stagnant amidst the overall rise in technology stocks this week.

However, there is still a bullish view on this stock by the end of this year.Positive outlookand I am interested in how other bullish analysts of GOOGL are evaluating this stock in the long term, as well as other factors.