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Mark R. Hake, CFA

Alphabet Stock Is Down, But Not Out - GOOGL Could Be Worth 29% More

Google Alphabet Barchart

Based on recent bad news, Alphabet Inc (GOOGL) stock is trading below its 3-month lows. However, the company is still generating huge amounts of free cash flow and should keep doing this. That makes GOOGL stock worth over 29% more at over $193 per share.

GOOGL is at $149.47 in midday trading on Tuesday, Sept. 10. This is below its 3-month low point, but well off its recent peak of $191.18 on July 18. 

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