GOOGL - Alphabet Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1,479.52
+29.36 (+2.02%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close1,450.16
Open1,462.54
Bid1,480.00 x 800
Ask1,480.20 x 800
Day's Range1,456.67 - 1,480.49
52 Week Range1,027.03 - 1,480.55
Volume2,621,175
Avg. Volume1,419,120
Market Cap1.021T
Beta (5Y Monthly)1.02
PE Ratio (TTM)31.75
EPS (TTM)46.60
Earnings DateFeb 02, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1,510.59
  • Government run health care: A cost-saver or 'unfair competition'?
    Yahoo Finance

    Government run health care: A cost-saver or 'unfair competition'?

    Amid surging health care costs and acrimonious public debate, a new study found that a public-run system would save money over time.

  • Financial Times

    Why Google thinks we need to regulate AI

    Growing up in India, I was fascinated by technology. The telephone saved us long trips to the hospital for test results. One of the most promising is artificial intelligence: just this month there have been three concrete examples of how Alphabet and Google are tapping AI’s potential.

  • Dow Jones Futures: Stock Market Rally Faces Next Test; Netflix, Texas Instruments Earnings Due
    Investor's Business Daily

    Dow Jones Futures: Stock Market Rally Faces Next Test; Netflix, Texas Instruments Earnings Due

    Futures: Earnings season is the the next test for the hot stock market rally. Netflix and Texas Instruments earnings are due Tuesday night.

  • Our Risk Perception on Apple
    GuruFocus.com

    Our Risk Perception on Apple

    While a moat does exist, we remain cautious about its long-term robustness Continue reading...

  • Why I Like the Alphabet, Fitbit Deal
    GuruFocus.com

    Why I Like the Alphabet, Fitbit Deal

    A review of the proposed acquisition Continue reading...

  • Benzinga

    4 ETFs For Alphabet's Ascent Into The Four Comma Club

    This is the first time the internet search giant has joined the $1 trillion pantheon and that's good news not only for investors in the stock, but for those holding some of the nearly 170 exchange traded funds that own the stock. Some well-known ETFs are also big Alphabet holders.

  • San Francisco 49ers hope to score big with digital dashboard of fan data
    MarketWatch

    San Francisco 49ers hope to score big with digital dashboard of fan data

    Built on top of data collected by SAP analytics cloud and resembling an air-traffic control room, the team’s Executive Huddle service is housed in a suite at Levi’s amid popcorn, drinks, and assorted snacks.

  • Financial Times

    Tech innovation needs a level playing field

    America used to be the world’s premier technology innovator and China its best duplicator. The administration of US president Donald Trump touted the former as a major concession by China, which has vowed to strengthen its intellectual property protection. In fact, the deal merely repackages changes that China has already made over the past two years, strengthening court jurisdiction over IP cases and making it easier for US companies to collect damages.

  • 10 tips for retirees who want to start their own business
    MarketWatch

    10 tips for retirees who want to start their own business

    After more than two decades as a top corporate lawyer and lobbyist, she took a golden parachute retirement package from her position as vice president of external affairs and policy at Consolidated Natural Gas. Build your network.

  • The market says Alphabet is worth $1 trillion, but figuring out Google’s real value is tricky
    MarketWatch

    The market says Alphabet is worth $1 trillion, but figuring out Google’s real value is tricky

    The market says Google parent company Alphabet Inc. is worth $1 trillion, but investors who have tried know that putting a believable valuation on this company is extremely difficult.

  • Bloomberg

    Noom Signs Up Dieters as Investors See New Wins for Weight Loss

    (Bloomberg) -- This New Year’s Day, 55,000 people signed up to lose weight with the smartphone app Noom. You’ve probably seen the ads -- it claims to have helped more than 350,000 get slimmer.Dieting, not to mention keeping weight off, is an iffy proposition, but Americans spend billions each year trying.Noom, which combines human coaches and AI, has attracted $114 million from A-list investors such as Sequoia Capital, Groupe Arnault-backed Aglaé Ventures, WhatsApp co-founder Jan Koum, Serena Williams, and other prominent names that see promise in its approach and growth.The company’s founders say they’re in constant conversation with their investors who are watching the market to assess a possible IPO as soon as this year.Crowded MarketIndeed, in a competitive market, Noom has racked up impressive growth, driven in part by aggressive advertising: Noom closed 2019 with $237 million in revenue, up from $61 million and $12 million in the two previous years, respectively.“For a certain demographic, Weight Watchers is more comfortable and familiar,” said David Katz, founding director of Yale University’s Prevention Research Center. “For a younger, more digitally savvy audience, Noom is a different way to get a grip.”Shares in WW International Inc., the diet company formerly known as Weight Watchers, have more than doubled from last year’s low in June. In September, WW announced the Oprah’s 2020 Vision: Your Life In Focus Tour with shareholder Oprah Winfrey. Investors will have to wait for WW’s fourth-quarter results in late February for a sense about early-year sign ups.Industry analysts note the cyclical nature of the dieting industry and that Noom’s robust start this year does not necessarily herald lasting success.“You’ve got a lot of program starts after the holidays, and that’s the nature of the business,” said Steven Halper, a senior health-care IT and managed care analyst at Cantor Fitzgerald.Pounds Off, Pounds On“You get in shape, you lose your weight, everyone wants to look good at the beach in the summer time, and lo and behold the weight comes back on,” Halper said. He covers Tivity Health Inc., which acquired WW rival Nutrisystem in March.Noom was founded over a decade ago by Artem Petakov, a former Google engineer, and Saeju Jeong, lover of heavy metal, who strayed from his family lineage of 29 medical doctors to be an entrepreneur.“Noom’s story didn’t initially work,” said Amy Sun, a partner at Sequoia Capital. Sequoia invested for the first time in the $58 million Series E round that Noom announced in May 2019.“They tried a whole bunch of different angles, including doing pure AI where it’s completely automated, and they tried 100% human coaches, and it wasn’t until they married the two that the company started to grow,” said Sun.The company now employs 1,600 remote, full-time coaches in 36 states.Not Peloton“The product they have today is not what they started with,” said Miyuki Matsumoto, head of U.S. investments at Groupe Arnault’s tech venture-capital arm Aglaé Ventures. The firm invested the second most after Sequoia in the most recent funding round.“We weren’t thinking we were going to get our money back in two years or less, even though that’s a possibility,” Matsumoto said.Sun notes that Sequoia is looking to capitalize on the trend of digital companies focused on helping people manage their health. Other investors saw that trend in Peloton Interactive Inc., which priced at $29 a share in its September IPO, but traded as low at $21 a share a month later.“Peloton is quite different because so much of their revenue is hardware,” Sun said. “It’s hardware plus subscription, versus Noom is all digital.”To contact the reporter on this story: Hailey Waller in New York at hwaller@bloomberg.netTo contact the editors responsible for this story: James Ludden at jludden@bloomberg.net, Ian FisherFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Putin Hunted for Scapegoats and Found Medvedev
    Bloomberg

    Putin Hunted for Scapegoats and Found Medvedev

    (Bloomberg Opinion) -- When Russian President Vladimir Putin announced a radical overhaul of Russia’s governance system this week, he also ended the Medvedev era. Dmitry Medvedev was, at least formally, Putin’s closest sidekick, the politician with whom the strongman was most willing to share formal power.  Whether or not it’s time for Medvedev’s political obit, his stint near the top of Russia’s so-called power vertical will serve as an example of how the Putin system’s inertia can suffocate the best modernizing intentions.Medvedev abruptly resigned as prime minister on Wednesday, without giving advance notice to members of his government, who also had to tender their resignations. “We as the government must give our country’s president the opportunity to make all the necessary decisions,” Medvedev said, though it wasn’t clear how his continued occupancy of the top cabinet post could get in the way of Putin’s reform. Putin expressed rather tepid gratitude for the prime minister’s service. “Not everything has worked out, but then things never work out completely,” he said. Putin has always avoided firing close, trusted associates, but as prime minister since 2012, Medvedev presided over Russia’s longest run of declining real incomes during Putin’s 20-year rule. The government’s $400 billion “national projects” spending plan, designed to rectify things, hasn’t gotten off to a great start. The new job Putin has offered Medvedev didn’t even exist before — deputy chairman of the Security Council, an advisory body that includes Russia's mighty security chiefs. It’s formally headed by Putin but run by its secretary, former secret police chief Nikolai Patrushev. The council has been described, including by Kremlin propaganda outlets, as the closest Russia has to the Soviet Union's ruling Politburo. So the newly created post, with Putin as the direct supervisor, can be enormously influential — but perhaps not when filled by Medvedev, who has never really commanded the respect of the security bosses in the way Putin does, with his KGB record and training.Medvedev’s move means he isn’t likely to be Putin’s successor as president when the latter's term ends in 2024. Nor will he return to the prime ministerial post, now handed to a supremely skillful technocrat, former tax chief Mikhail Mishustin. His career has been launched on a downward trajectory — something he probably expected. For years, he has appeared bored and morose at official functions, time and again photographed with his eyes closed and seemingly asleep. Opposition politician and anti-corruption activist Alexey Navalny posted one such photo taken as Putin delivered his Wednesday address, tweeting, “Only one thing in Russia is really stable and unshakable — Dmitry Medvedev, asleep during the president’s state of the nation speech.”During a recent award ceremony, Medvedev’s New Year’s greetings included this quotation from Anton Chekhov: “The newer the year, the closer you are to death, the wider your bald spot, the twistier your wrinkles, the older your wife, the more kids you have and the less money.” Some of the incredulous listeners couldn't help but recall Medvedev's most famous quote, his answer to a woman in Russian-annexed Crimea in 2016 who complained that her pension was too low: “There's just no money now. When we find the money, we'll raise pensions. You hang on in there, stay cheerful and healthy.”Medvedev may have been fatigued and depressed lately as his government failed to deliver on Putin's promises of a tangible improvement in living standards, but money isn't something he's lacked himself. During this snowless winter, the vast land plot around his residence in Central Russia is covered with artificial snow. Medvedev has never given a substantive answer to a long video produced by Navalny's team and watched more than 33 million times on YouTube, in which he was accused of accumulating vast wealth while working for the government.Medvedev's approval rating never recovered from that video's release, languishing below 40% in recent months, while Putin's remains close to 70%. Government spending cuts that began in 2015 and lasted through 2018 didn't help, and the government’s decision in June 2018 to raise the retirement age — made by Putin, but often ascribed to Medvedev because of his perceived insensitivity — dealt his popularity an especially crippling blow.The visibly bored, defeated Medvedev at the end of his prime ministership was a far cry from the hopeful, cheerful modernizer who started a four-year presidency in 2008 and charmed U.S. President Barack Obama and his aides into trying a reset of U.S.-Russia relations. Though many Putin opponents — myself included — never believed Medvedev could pursue an independent policy, so-called system liberals, believers in changing the system from within, vested serious hopes in the younger, more polished leader. They believed he could shake off Putin's conservative influence if he ran for a second term in 2012, and that Russia would then gradually become freer both economically and politically.Medvedev tried some promising things. He set up a large innovation center at Skolkovo near Moscow, trying to lure investors and entrepreneurs into a Russian version of Silicon Valley. He started reforms in the self-serving, thoroughly rotten law-enforcement agencies, and he modernized Russia's obsolete armed forces, starting an ambitious reorganization and rearmament. He removed some of the most entrenched, hidebound regional leaders, breaking up the corrupt monopolies that had sprung up around them.But the system liberals’ hopes were probably dashed in March 2011, when Medvedev ordered the Russian representative in the United Nations Security Council to abstain on a resolution authorizing the U.S. and its allies to use force against the regime of Muammar Qaddafi in Libya. Putin publicly criticized his protege for not ordering a "no" vote, likening the Western intervention in Libya to a “medieval crusade." In his book, “From Cold War to Hot Peace," Michael McFaul, former U.S. ambassador to Russia and a believer in Medvedev's liberal intentions, wrote that “U.S. military intervention in Libya, which helped topple Qaddafi, also inadvertently might have helped remove Medvedev from power in Russia."In September 2011, Putin and Medvedev announced they intended to switch jobs the following year, a development that bitterly disappointed the system liberals. Protests against a rigged parliamentary election, which broke out less than three months later, only served to convince Putin that the West was trying to undermine him and empower Medvedev instead. But, perhaps out of a sense of loyalty toward his temporary successor who hadn't tried to cling to power, Putin made no attempt to replace Medvedev as prime minister.The latter never really raised his head again. He avoided making major decisions or advocating big reforms; the cabinet ministers learned they needed Putin's approval for anything remotely controversial. In a way, that helped Russia build a protective economic wall after Putin annexed Crimea and, simultaneously, the oil price crashed in 2014. Amid Western sanctions and a tightening hold of Putin's cronies and enforcers on the economy, Russia's generally competent economic managers could only cut spending to insulate the budget from external shocks — and accumulate international reserves every time the price of oil edged up. Medvedev's tenure ended with these reserves at $554 billion, near the 2008 historic high of $569 billion.Putin's patience was sorely tested. Busy with geopolitical chess and with finding ways to retain power after 2024, he clearly wanted his hands free from domestic economic management. He wanted to set goals and let someone else get to them. Time after time, he told Medvedev that he wanted "results.” They failed to materialize.Meanwhile, Medvedev's work as the formal leader of the Kremlin's loyalist party, United Russia, also proved insufficient. The party's support melted away, and its legislative majorities and governorships have had to be obtained with increasing rigging efforts and administrative pressure. In December, only 29% of Russians were willing to cast a vote for United Russia in a national election, a threat to its parliamentary majority even in an unfair system. Putin needs a stronger party behind him post-2024, and an effort to build one on the basis of his broad support network, the United People's Front — or to reform United Russia — is to be expected.Putin’s legendary personal loyalty stretched far enough not to send Medvedev, who is only 54, into retirement. But then, it was Putin himself who backpedaled in 2011 instead of letting Medvedev pursue his cautiously reformist course. It was Putin who created a system that paralyzed any kind of economic liberalization and who launched Russia on military adventures that limited its ability to develop trade. Putin, who gave Medvedev the exhilarating hope of building a more modern Russia, then quickly took it away, leaving his former successor with little except the luxurious lifestyle enjoyed by the Russian elite.It was Putin's country to give and to take back.To contact the author of this story: Leonid Bershidsky at lbershidsky@bloomberg.netTo contact the editor responsible for this story: Tobin Harshaw at tharshaw@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Leonid Bershidsky is Bloomberg Opinion's Europe columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth
    Zacks

    Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth

    Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?

  • Stock market news live: Stocks close at records after strong data, earnings
    Yahoo Finance

    Stock market news live: Stocks close at records after strong data, earnings

    Headlines moving the stock market in real time.

  • Google Joins The Trillion-Dollar Club: Who's Next?
    Zacks

    Google Joins The Trillion-Dollar Club: Who's Next?

    Google Joins The Trillion-Dollar Club: Who's Next?

  • Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT
    Zacks

    Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT

    Alphabet's trillion dollar valuation, Amazon's India troubles and TSM's upbeat earnings announcement are the top stories in this daily.

  • Benzinga

    9 Takeaways From The JPMorgan Healthcare Conference

    The JPMorgan Healthcare Conference, which showcases innovations in the industry and provides a platform to exchange ideas and insights as well as to make breaking announcements, went by without much fanfare ...

  • Which Stocks are in the $1 Trillion Club?
    Zacks

    Which Stocks are in the $1 Trillion Club?

    The $1 Trillion Valuation Club is one of the most exclusive groups on Wall Street, and it just added its newest member.

  • Bloomberg

    Sonos CEO Tells House Antitrust Panel Google Abused Power

    (Bloomberg) -- Sonos Inc. Chief Executive Officer Patrick Spence accused Alphabet Inc.’s Google and Amazon.com Inc. of using their market power to thwart competition a week after filing a lawsuit against the world’s largest search engine.“Today’s dominant companies have so much power across such a broad array of markets and continue to leverage that power to expand into new markets that we need to rethink existing laws and policies,” said Spence Friday at a congressional antitrust hearing in Boulder, Colorado, led by Representative David Cicilline, the Rhode Island Democrat who is investigating competition in the technology sector.Sonos, a 1,500-person company, sued Google Jan. 7 for allegedly infringing five patents covering multi-room audio technology. Spence said Google’s dominance enabled it to violate the speaker company’s intellectual property. He said that Google tries to prevent customers from using its voice assistants alongside another company’s on Sonos speakers. While Amazon doesn’t go that far, he said, it has used its power to “to subsidize the conquest” of the booming smart-speaker market, particularly by under-pricing its offerings.Sonos has worked with the committee since before it decided to file the lawsuit, according to a person familiar with the discussions. It has also responded to questions that the committee sent to customers of the large technology platforms.Google has disputed Sonos’ claims and said it will defend itself. The search giant, which faces antitrust probes by 48 state attorneys general as well as the U.S. Justice Department, says it faces robust competition. Cicilline is using the hearing to air grievances by smaller companies, following a series of Washington meetings that focused on the tech giants.“It is apparent that the dominant platforms are increasingly using their gatekeeper power in abusive and coercive ways,” Cicilline said in his opening statement.The panel also heard from David Barnett, the founder of Boulder-based PopSockets, which makes phone holders and stands. He alleged that Amazon frequently engaged in “bullying,” including deliberately selling counterfeits, threatening to go to unauthorized resellers and dropping prices without consulting. “We have $10 million less to innovate this year” because of PopSockets’s decision to end its relationship with Amazon even though it’s more difficult to sell elsewhere, Barnett said.“It seems like Amazon is so dominant that there is no alternative,” said Representative Ken Buck, a Colorado Republican on the committee.Amazon said in a statement that PopSockets is a “valued retail vendor” and added: “We’ve continued to work with PopSockets to address our shared concerns about counterfeit, and continue to have a relationship with PopSockets through Merch by Amazon, which enables other sellers to create customized PopSockets for sale.”The company said it refuses to work with some resellers to ensure low prices, and rejects the notion that it’s dominant, saying it represents just 4% of U.S. retail.The panel also heard from Kirsten Daru, general counsel of Tile Inc., which makes devices that pair with phones to help people locate lost items such as keys or purses.Apple Inc. is reportedly preparing to unveil a competing service, and Daru’s 100-employee company alleges the phone maker has started putting up roadblocks to Tile’s business, such as burying permissions that allow the phone and Tile devices to communicate and prompting users to disable permissions that have been set.“You’re playing up against a team that owns the field, the ball and can change the rules at any given time,” Daru said in an interview before the hearing, adding that a majority of the company’s customers are on Apple’s operating system.Apple said that its treatment of permissions, which focused on location, were designed to protect user privacy and that it’s working with developers whose customers may want particular apps to be able to track them at all times.Daru said Apple also removed Tile devices from its retail stores, and that it bid on search terms related to the would-be rival to drive up the cost of advertising 50% each week during the fall.Cicilline has said his goal is to develop a final report with recommendations for Congress this year. He told reporters on Tuesday that he wants to wrap up his probe by the end of March and said he’s hopeful the tech giants will cooperate with requests for chief executives to give information without subpoenas, preferably in public hearings.“It’s hard to imagine that we’d conclude the investigation without hearing from some of the large technology CEOs, particularly in companies whether there’s such really centralized decision making,” he said.(Updates with comments from PopSockets CEO from eighth paragraph)\--With assistance from Mark Gurman, Rebecca Kern and David McLaughlin.To contact the reporter on this story: Ben Brody in Washington, D.C. at btenerellabr@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Paula DwyerFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?
    Zacks

    Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?

    Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?

  • 3 Large Caps to Short
    InvestorPlace

    3 Large Caps to Short

    Many bullish investors might be saying to themselves, "so far, so good" for the month of January. Still, to ensure this isn't as good as it gets for your portfolio, let's dive into three large caps worth betting against in 2020.It has been a great start to the year. And it goes without saying most of us hope the party will motor on. The broad-based, large cap S&P 500 index is up about 3% in January and continues to hit record highs with more than two trading weeks left in the month. Who wouldn't want that type of performance after 2019's amazing 29% gain and one layered on top of this past decade's record breaking bull market?Only a bear I suppose.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIncreasingly though, it looks like Goldilocks is at the doorstep. Aside from the amazing price feats in large caps -- the latest being Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) admittance into the $1 trillion club -- there are problems. There's a complacent market resting on historically rich multiples to be worried about. Investors might also be concerned about an overly accommodating Federal Reserve or a seemingly endless string of strong economic data. And that's not all. * 7 Earnings Reports to Watch Next Week Now and with this week's euphoric pricing of negotiated trade deals, investors have every right to be even more fearful. And one way to make sure today's market isn't as good as it gets for you is to have these three large cap stocks positioned as bearish allies in your portfolio. Large Caps to Short: Tesla (TSLA) Source: Charts by TradingViewMany bears have been on the wrong side of the street in Tesla (NASDAQ:TSLA). In fact, TSLA stock is officially the U.S. market's most heavily shorted equity with $14.5 billion in bets against shares. Right now, however, there is more to betting against TSLA stock without miserly joining the ranks of punished bears.Technically and as the weekly chart details, Tesla is in a strongly overbought position evidenced by its stochastics and price in relation to its upper Bollinger Band. Throw in a slightly extended 100% Fibonacci-based two-step pattern (AB = CD) completing in a large shooting star candlestick and TSLA looks ready for a bearish test drive.TSLA Stock Bear Strategy: I wouldn't recommend shorting Tesla. I'd advise gaining short delta exposure using a limited and reduced risk bear put spread. One on my radar is a well-positioned March $480 / $465 put spread. Apple (AAPL) Source: Charts by TradingViewAfter 2019's dazzling 89% gain in Apple (NASDAQ:AAPL), the AAPL stock chart indicates that it's well-positioned for a short.Technically, January's follow-through momentum has pushed Apple shares into a test of four well-extended layers of Fibonacci-based resistance. The tight completion area is comprised of three two-step patterns dating as far back as the 2009 financial crisis bottom and a 100% extension out of AAPL stock's 2018 - 2019 corrective base.AAPL Stock Bear Strategy: For this large cap stock I'd suggest waiting for a reversal candlestick to form on the weekly time frame before shorting shares. A stop-loss above the pattern high makes sense to minimize losses if shares buck the odds and continue to display over-the-top investor confidence. * The 10 Best Value Stocks to Own in 2020 On the downside, $250 - $265 is where taking initial profits looks promising. This area holds AAPL stock's 38% retracement level from last year's corrective low and prior trend-line resistance, which should act as support. Walmart (WMT) Source: Charts by TradingViewWalmart (NYSE:WMT) is the last of our large caps to short. The world's largest bricks and mortar retailer has shown itself to be an adaptive and resilient company in today's e-commerce market. But WMT stock's ability to rise to the occasion against the likes of Amazon (NASDAQ:AMZN) appears to be priced in at this point in time.Technically, shares of Walmart have moved into layers of Fibonacci-based resistance. The price action isn't unlike that of TSLA stock or AAPL stock. And similar to the former, WMT stock even sports a monthly chart shooting star. But in this large-cap stock, the bearish November price pattern has been confirmed out-the-gate in 2020.WMT Stock Bear Strategy: With the topping pattern backed by an overbought and ill-positioned stochastics crossover, there's no time like the present to short WMT stock. Set a stop-loss above $125 to minimize potential damage off and on the WMT price chart. If shares begin to correct, taking initial profits near the pleasing to the eye $100 level and four-year uptrend support looks about right.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any of the securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post 3 Large Caps to Short appeared first on InvestorPlace.

  • Picking stocks: Don’t shoot like Shaq
    Yahoo Finance

    Picking stocks: Don’t shoot like Shaq

    What does Shaquille O’Neal’s underwhelming ability to shoot free throws have to do with your ability to pick stocks? Everything, says Fundstrat's Tom Lee.

  • Is Alphabet Over-Hyped at the Trillion-Dollar Mark?
    InvestorPlace

    Is Alphabet Over-Hyped at the Trillion-Dollar Mark?

    Last year ended on a great note, which was the exact opposite of how 2018 finished. The sentiment last year was at an extreme high going into Christmas, so equity markets finally broke out into their own new all-time highs. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) rode the way and GOOGL stock has been setting highs this week. In fact, today it's making headlines as it joins Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) into the trillion dollar market capitalization club.Source: Benny Marty / Shutterstock.com The good news is that there is no imminent sign of a giant bubble. But from these levels, stocks like GOOGL are not at an obvious entry point. This by no means is an invitation to short them, especially not going into earnings. First of all, we do not know what the companies are going to report, and more importantly, we cannot forecast how traders will react.It's more about expectations than quality of results.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI'm a big fan of Google, so I tend to lean bullish most times. I have been recommending it as a long all of last year, even against Wall Street consensus. Now that we are at my upside targets, I believe that there will be better entry points than current levels. If I've been long GOOGL stock, this is a time I lock in some profits just to be safe.The options markets offer me ways where I don't necessarily need to sell my shares. I can hedge my longs by selling covered calls and generate some income while I wait. Or I can temporarily protect my stock by buying puts. There are hundreds of ways investors can protect profits at all-time high levels. * 7 Earnings Reports to Watch Next Week Beware of the Competition to GOOGL StockThe only serious threat to the long-term viability of the Alphabet income statement perhaps comes from Facebook (NASDAQ:FB). The reach of Facebook's marketing machine is massive and the advertisers are getting results. So I can imagine it will severely impact Alphabet's bottom line in the long-term. Hopefully the company's management is doing all the right things to offset this. But so far leadership there has been lackluster. Maybe the most recent changes in the c-suite will cultivate a better impression in the next few quarters. Until then, I remain skeptical of their overall corporate strategy.The equity markets are as bullish as they've ever been and we're going into an election year. So the incumbent government will do all it can to prop up the prices.Case in point, this week's signing of phase 1 of the U.S.-China deal looks like an award show for movie stars. Don't get me wrong, I was in favor of the economic war as a necessary evil, and I welcome the deal with open arms, but I think the benefit of this week's step is over hyped. It's not in the actual terms that are bullish but more so the stoppage of the fighting. That was one gigantic risk that held investors back in 2019. The Experts Are Too BullishSource: Charts by TradingView * 10 Monthly Dividend Stocks to Buy to Pay the Bills But now the rhetoric in the media has swung to the other extreme. We now hear experts express their opinions that there are absolutely no risks out there to break this bullish thesis. It sounds like reckless behavior and that's when accidents happen. I am not flipping bearish yet, but the trader in me says this is where I book profits and wait for the dip to buy it. This applies to the markets in general and Alphabet.Short term, $1,360 and $1,330 are two necklines that stick out. GOOGL stock used them as spring board for mini rallies. So it's only natural we retest them for footing.For a slightly long-term pivot, $1,270 is the line to watch. It has been in contention since July 2018. Clearly investors care about it and they will most likely revisit it one more time in the next few months. While this is not an imminent forecast, it is definitely a viable scenario, especially from this altitude.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Is Alphabet Over-Hyped at the Trillion-Dollar Mark? appeared first on InvestorPlace.

  • Big tech is now worth over $5 trillion combine as Alphabet joins $1 trillion club
    Yahoo Finance Video

    Big tech is now worth over $5 trillion combine as Alphabet joins $1 trillion club

    Google's parent company Alphabet has joined the $1 trillion club, making big tech worth over $5 trillion combined. Quad Group Chief Strategist Peter Borish joins the On The Move panel to discuss what this means for the space.

  • Stock picking advice: Don't shoot like Shaq
    Yahoo Finance Video

    Stock picking advice: Don't shoot like Shaq

    What does Shaquille O’Neal’s underwhelming ability to shoot free throws have to do with your ability to pick stocks? Everything, says Tom Lee, Fundstrat’s Global Advisors Managing Partner & Head of Research.