News Image

Why NASDAQ:GOOG Stands Out as a Quality Stock.

By Mill Chart

Last update: May 7, 2024

In this article we will dive into ALPHABET INC-CL C (NASDAQ:GOOG) as a possible candidate for quality investing. Investors should always do their own research, but we noticed ALPHABET INC-CL C showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Key Considerations for Quality Investors.

  • Over the past 5 years, ALPHABET INC-CL C has experienced impressive revenue growth, with 17.57% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • ALPHABET INC-CL C exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 41.62% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • The Debt/Free Cash Flow Ratio of ALPHABET INC-CL C stands at 0.2, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • The Profit Quality (5-year) of ALPHABET INC-CL C stands at 95.79%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • ALPHABET INC-CL C has experienced impressive EBIT growth over the past 5 years, with 22.04% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
  • ALPHABET INC-CL C has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

How does the complete fundamental picture look for NASDAQ:GOOG?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Taking everything into account, GOOG scores 7 out of 10 in our fundamental rating. GOOG was compared to 68 industry peers in the Interactive Media & Services industry. GOOG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GOOG is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make GOOG a good candidate for growth and quality investing.

Our latest full fundamental report of GOOG contains the most current fundamental analsysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

Back

ALPHABET INC-CL C

NASDAQ:GOOG (5/17/2024, 7:02:21 PM)

After market: 177.36 +0.07 (+0.04%)

177.29

+1.86 (+1.06%)

GOOG News

News Imagean hour ago - The Motley FoolCould Alphabet Stock Help You Become a Millionaire?

Advertising is currently the company's bread and butter, but AI appears to be its future.

News Imagean hour ago - The Motley FoolAlphabet Goes All In on Artificial Intelligence (AI). Is It Time to Go All In on the Stock?

AI-powered search could be a huge opportunity for the company

News Image2 hours ago - 9to5GoogleGoogle on what on-device AI is good at, more Android apps that use Gemini Nano coming

On-device AI is a big priority for Android going forward, and Google shared more developer resources at I/O 2024...

News Image2 hours ago - The Motley Fool3 Artificial Intelligence Stocks You'll Be Glad You Bought 5 Years From Now

No matter what happens, these stocks are unlikely to disappear from the AI scene.

News Image3 hours ago - InvestorPlaceThis Week in Layoffs: 3 Strong Stocks That Are Still a Buy After Job Cuts

Layoffs haven’t hurt every stock. These are some of the stocks to buy after layoffs that continue to gain traction.

News Image3 hours ago - The Motley FoolForget AMD: Consider These 2 Millionaire-Maker Stocks Instead

These companies are trading at a better value than AMD and have massive growth potential.

News Image4 hours ago - The Motley FoolShould You Buy Nvidia Stock Before Wednesday?

The artificial intelligence (AI) rockstar is poised to report earnings on Wednesday. Will the stock rally higher?

News Image4 hours ago - The Motley FoolA Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold For a Decade

AI could be the "biggest technological shift" of our lifetimes. This company has decades of experience and is positioned to thrive.

News Image5 hours ago - The Motley FoolPrediction: This Will Be the Next Artificial Intelligence (AI) Company to Split Its Stock

Many big tech companies have completed stock splits over the last few years.

News Image6 hours ago - The Motley FoolBetter AI Stock: Alphabet vs. Meta Platforms

Two similar businesses have different AI implications.

News Image6 hours ago - The Motley FoolBillionaire Investor David Tepper Sold Nvidia, Meta Platforms, and Other "Magnificent Seven" Stocks Hand Over Fist Last Quarter. You Won't Believe What He Bought Instead.

Tepper is still heavily invested in the AI revolution, but is expanding his portfolio to other shores.

News Image10 hours ago - The Sydney Morning HeraldGoogle, OpenAI race to create indispensable AI assistant

Both companies are rolling out technology that lets you talk to their chatbots in a much more natural way.

GOOG Links
Follow us for more