Epic Fail for Google Parent Alphabet: Buy the Dip or Make a Run for It?

By CCN: Quarterly earnings from Alphabet showed alarming advertising growth deceleration as well as declining ad prices. Alphabet’s stock fell $95, or 7.3%, in response in after-hours trading. Does this signal the beginning of the end of the tech stock bull market or the market itself? In one respect, it provides more evidence of both scenarios and investors should be cautious. Meanwhile, Gene Munster of Loup Ventures suggests that Google is the “oxygen of the internet,” advising investors “buy the pullback.” He’s looking at the longer-term picture despite an undeniably rocky quarter for Google. ’@LoupVentures founder Gene Munster says Google

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source https://www.ccn.com/epic-fail-alphabet-buy-dip

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