4 Reasons to Buy Alphabet Stock After the CAPEX Shock: Bank of America
Alphabet stock fell over 6% after Q2 earnings as capex guidance jumped to $205 billion. BofA Securities says the selloff is a buying opportunity.
Google's stock dropped because the company said it will spend a lot more money on equipment and buildings. Some smart investors think this big drop might be a good time to look closer at the company, since spending usually means it's building for the future.
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