Alphabet: The AI Comeback, Waymo Acceleration, And Browser Battles (Archive)
Alphabet’s AI resurgence and Waymo’s rapid rideshare gains underpin an attractive valuation setup.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- I'm turning bullish on Alphabet, as it is regaining AI leadership with Gemini 2.5 Pro, and crowd-sourced predictions suggest that it will be the leading AI model in 2025.
- Waymo is rapidly expanding, gaining rideshare market share from Uber and Lyft, and is poised for aggressive expansion in more U.S. cities.
- Alphabet trades at an attractive deeper-than-usual discount to peers, with improving earnings expectations.
- GOOGL/SPX500 relative technicals suggest the buyers are defending key support levels and preparing to make moves to the upside.
- Google Chrome faces rising competition from AI-native browsers such as Perplexity's Comet with OpenAI and others expected to enter the browser space as well. This can pressure Google's ad revenue growth.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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