HomeInvestingOptionsBullish On Alphabet (GOOGL) After Tough Few Months
Bullish On Alphabet (GOOGL) After Tough Few Months

"Regarding the Alphabet (GOOGL) stock, I am playing for a bounce after a very tough few months for the technology company. Advertising revenue concerns have been driving the stock lower. GOOGL pulled back to an important $85 support level in November 2020 and bounced last week. GOOGL trades just shy of 17x next year's earnings while expecting 12% EPS growth next year," says Tony Zhang. Zhang discusses an example call vertical option trade with a bullish direction on Alphabet (GOOGL).

Market On Close

09 Nov 2022

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