Alphabet Inc Class A (GOOGL)

2,900.7
+57.1(+2.01%)
  • Volume:
    734,211
  • Bid/Ask:
    2,899.3/2,901.4
  • Day's Range:
    2,881.4 - 2,910.0

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  • why is it everytime this beats earnings they forecast a lower eps next time and act surprised when it smashes it?
    1
    • it makes stupid investors happy and pump the stock price, google employees all get a lot of stocks every month, it's beneficial for them to keep lowballing, the point is 'underpormise, overdeliver' - because the company can and will grow and grow being the empire it is, this approach negates negative effects of underachiving if it happens and rips all the benefits of overachiving by achiving even a bit over the promised bare minimum.It really is a win win situation for everyone though.
      0
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