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Alphabet Inc.

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Alphabet's strengthening cloud unit is aiding substantial revenue growth. Moreover, the growing momentum of Google Cloud and expanding data centers will continue to bolster the company’s presence in the cloud space. Also, major updates in its search segment are enhancing the search results which is a tailwind. Additionally, Google’s strong focus on the innovation of its AI techniques and Android OS along with growing presence in the home automation space are driving its top-line growth further. Notably, the stock has outperformed the industry it belongs to in the past one year. However, the company’s growing litigation issues might hurt its profitability. Also, it's increased spending on consumer gadgets, YouTube video app and cloud computing services remain concerns. Also, rising competition in the online ad market.


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