Reported about 15 hours ago
Alphabet Inc. (GOOG) reported robust free cash flow (FCF) in Q1, exceeding expectations with nearly $19 billion generated last quarter, suggesting the stock's value is 19% higher than its current price at $212 per share. Despite increased capital expenditure, Alphabet maintains strong FCF margins. Analysts have set optimistic price targets for GOOG, further confirming its investment potential. Investors can consider selling short out-of-the-money puts to generate additional income while potentially lowering their effective buy-in price.
Source: YAHOO