Power Plays New Idea: GOOGL
December 7, 2023

By Scott Redler

Name: Google

Ticker: GOOGL

Price: $136.80

Needs to Hold: $125 to $132

Price Objective 1: N/A

Price Objective 2: $141 to $148

I'm making GOOGL our newest Power Play here.

The Gemini AI release seems like it's stealing a lot of thunder from OpenAI/ChatGPT, so GOOGL could be seen as the next MSFT-like AI play.

The danger zone here is $125 to $132. If the stock gets into there I'll look to switch gears.

But I believe GOOGL can surpass the $141 area and potentially go much higher.


Scott Redler Positions Disclosure as of 2023-12-07 at 11.05.53 AM