Alphabet (GOOGL) Price Forecast: 17.7x P/E at $335, Testing Trendline, Amazon Earnings Today
Alphabet (GOOGL) is recovering from a post-earnings decline, trading around $335 and testing the $338.90 Fibonacci resistance level. Despite a low 17.7x P/E ratio and strong Q2 growth in revenue and cloud services, the stock faces headwinds from EU private litigation. Investor focus is …