Joseph Carlson: GOOGL will rise to $200.00

The window it was checked over

GOOGL closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

their AI models into every facet of their business. Simply put, as of this most recent quarter, as of today, there is currently no quantitative or qualitative evidence that Google's core search business is being eroded. There is none. Revenue is up, engagement is high, advertiser demand remains strong. Google is incorporating AI defensively and offensively. Does Chat GBT present a risk down the road? Certainly, as does any new competitor to any company. But we don't see any of that weighing on Google today. Even noting the long-term uncertainty that remains with a new competitive dynamic, I still continue to believe that Google is undervalued today. The stock is worth more than $200. Considering the competitive dynamics and the strength that Google has shown in the face of it and the different properties this company owns from Whimo to YouTube to cloud, this company has many tools to grow its earnings, many tools to return a lot of cash flow to shareholders. And I believe this one will eventually get back up above $200 per share. This earnings report should have made investors incrementally more bullish and have a sigh of relief with many of the narratives being shared. Now moving on,

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.