Alphabet (GOOGL) is reporting earnings tomorrow, and analysts are highly enthusiastic about this stock. In the past week alone, the stock has garnered five new Buy ratings.
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Those Buy ratings have accrued over the past three months, bringing GOOG stock to a total of 29 Buy ratings from analysts. One analyst alone, from Itau Unibanco, has rated the stock a Hold, and that rating was made at the beginning of the three-month period.
Is Google a Good Stock to Invest In?
This Strong Buy stock is considered a winner by most analysts, and bloggers and TipRanks investors are positive about it as well. Although GOOGL stock is down more than 30% year-to-date, it could well be poised to show an earnings beat, meaning it could be a good investment.
With an average GOOGL price forecast of $140.90, Alphabet stock has a consensus upside of 39.8%.
