Markas Mahaney atskleidė „labiausiai izoliuotą“ didelės apimties technologijų atsargas

One of the mega-cap technology names continue to be attractive in the face of the current challenging operating environment, says the head of internet research at Evercore ISI.

Mark Mahaney’s remarks on CNBC’s ‘TechCheck’

„Alphabet Inc“ akcijos (NASDAQ: GOOGL) are down more than 25% in 2022 that, as per Mark Mahaney, is an opportunity to buy a quality name at a deep discount. Explaining why on CNBC „TechCheck“, jis pasakė:

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Google is the most insulated of all big cap tech names. It has the two most defensive areas in tech, arguably. One is cloud spending, which probably won’t slow down during a recession. And the other is search advertising that gets cut last in a recession.

The big four tech names collectively have lost $2.0 trillion in valuation this year as tightening monetary conditions keep investors wary of the high-flying growth stocks.

CNBC’s Deirdre Bosa’s take on Alphabet Inc

In April, Alphabet Inc reported its financial results for the first quarter that, except for YouTube, came in reasonably strong. As per CNBC’s Deirdre Bosa:

Alphabet is as sturdy and fortified as it gets in tech. More than $130 billion in cash and cash equivalents, $15 billion in free cash flow last quarter, operating margin of 30%, it has the scale and the cash to keep investments and hiring plans on track this year.

Google is also the least hurt by Apple’s privacy changes. Last week, FBB Capital Partners’ Mike Bailey also said the stock was “outrageously cheap” right now. The Wall Street, at present, sees a 45% upside in the stock on average.