Google Says Don't Underestimate Me (Archive)

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

• Google's latest 6th generation TPUs can boost Cloud revenues and lower costs of training AI models, lifting gross margins and Cloud EBIT growth.
• Gemini 2.0 and AI Mode in Google Search features can recover lost market share and be a tailwind for the Advertising business via improved ads targeting.
• Valuations are at a discount vs historical multiples, even with earnings growth expectations ticking upward regularly.
• Technically relative to the S&P500, buyers are pushing up strongly but are in a zone of strong resistances.
• The quantum computing opportunity could be worth trillions of dollars. Google's Willow quantum chip just achieved a major milestone in the long road toward commercialization. This growth wildcard is a key monitorable that may not be priced in.

Read the full article here.