(GOOGL)’s sum-of-the-parts value is more than $2,000 a share, 35% above the current stock price, with the company’s search business and YouTube the most valuable units, according to J.P. Morgan analyst Doug Anmuth. Alphabet shares were down 0.7%%, to $1,518, in early trading Tuesday. The analyst says that Alphabet has taken some investor-friendly steps, including breaking out search, YouTube, and cloud revenues; increasing its share repurchase program, tying the compensation of CEO Sundar Pichai to the stock price, and no longer ruling out a dividend. Read More...
(GOOGL)’s sum-of-the-parts value is more than $2,000 a share, 35% above the current stock price, with the company’s search business and YouTube the most valuable units, according to J.P. Morgan analyst Doug Anmuth. Alphabet shares were down 0.7%%, to $1,518, in early trading Tuesday. The analyst says that Alphabet has taken some investor-friendly steps, including breaking out search, YouTube, and cloud revenues; increasing its share repurchase program, tying the compensation of CEO Sundar Pichai to the stock price, and no longer ruling out a dividend.
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