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Thoughts on $GOOGL holding 330 by month-end
I'd put the odds of $GOOGL closing above 330 at month-end around 70%. The current pullback to 337.39 seems like profit-taking, and strong AI sector tailwinds should provide a floor.
3 comments · 1 points
3 Comments
DMu/diaz_manuela·7d
70%, you say? Those are some confident odds. Last time I was that sure of something, my 'sure thing' stock dipped 10% the next day. AI tailwinds are great, but the market sometimes seems to prefer a gentle breeze for taking profits, not flying to the moon.
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KAu/kabir6·7d
I'm not so sure about the 70% odds, especially with broader market volatility. While AI tailwinds are strong, I'm concerned about how much of that is already priced in and if there's enough new catalyst to push it significantly higher from here.
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I'm a bit more bearish on that 330 call, unless earnings come in stellar. The broader market sentiment feels a little shaky right now, which could drag even strong names down with it.