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home / news releases / CA - Google: More Than 100% Growth Potential By 2029 Regression Analysis

CA - Google: More Than 100% Growth Potential By 2029 Regression Analysis

CA Inc.

2024-06-20 15:48:39 ET

Summary

  • GOOG has more than 100% growth potential by 2029 based on regression analysis.
  • Alphabet Inc. stock has outperformed the S&P 500 by 9% in the last three years, with a 41% increase.
  • I have a bullish outlook on GOOG due to innovations, diversification, and favorable market trends in AI, cloud computing, and digital advertising.
  • Technical analysis shows GOOG in a bullish trend with strong resistance to price declines, making it undervalued and a buy.

Investment Thesis

Alphabet Inc.( GOOG ) stock has soared by about 41% over the last three years, outperforming the S&P 500 by about 9%.

Seeking Alpha

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For further details see:

Google: More Than 100% Growth Potential By 2029, Regression Analysis
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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