Google Trader on the Sidelines of the Launch of its New Pixel Phone & Smartwatch


It’s been an eventful year for tech investors, with the launch of Apple’s new iPhone 14 and Samsung’s new foldable phone. Attention now turns to Google’s event, which will take place on October 6 in New York.

The event will reveal more details about the new Pixel 7 and Pixel 7 Pro phones, while also launching Google’s first-ever smartwatch called Pixel Watch.

Read on to learn more about the stock Alphabet (Google’s holding company) and the different ways to trade it.









Stock : Alphabet Inc. (Google Class A)
Symbol on the Invest.MT5 account: GOOG
Potential trade date: September 13, 2022
Time horizon: 1 – 6 months
Entry Level: $112
Take Profit Level: $142
Position size (Invest.MT5 account): Max 5%
Risk : Raised
      • The Invest.MT5 account allows you to buy real stocks on 15 of the world’s largest stock exchanges.

Any trading activity is highly risky and you can lose more than you risk on one trade. Never invest more than you can afford to lose, as some trades are losers and others are winners. Start small to understand your own level of risk tolerance and practice first on a demo account to gain knowledge before trading.

Why Trade Alphabet Stock?

Alphabet is Google’s parent company, and at the time of writing, its stock price is down about 26% from its all-time high of just under $152 on January 31. This year. In its latest earnings report, Alphabet reported some positives, but also some negatives.

Revenue has been lower than expected and several of its divisions are not performing well enough. Advertising from its YouTube business fell short of analysts’ expectations and revenue growth slowed from a year earlier.

However, the company also saw a significant increase in revenue from its Google “Search and Other” segment, while overall advertising for all of its products increased. While around 80% of the company’s revenue comes from advertising, Alphabet has operations in many industries such as self-driving cars, consumer technology, games, and more.

Investors will be eager to see the reaction to Google’s new Pixel 7 and Pixel 7 Pro phones at the October 6 event, as well as its first-ever smartwatch, the Pixel Watch. That could help the overall bottom line, but investors will be looking to see if the company can also grow ad revenue with more people using its devices.

Currently, Alphabet’s price-to-earnings ratio (PE ratio) of 20.62 is near its 5-year low at 19.71. The PE ratio is a financial ratio that some analysts and investors use to determine the value of a company.

Source: GuruFocus, 13 Sep 2022

Another factor likely to weigh on the stock is the new lawsuit announced on September 13 by the United Kingdom and the European Union, which accuses Google of anti-competitive behavior in the digital advertising market. The combined lawsuits are estimated at around 25 billion euros.

What Do Analysts Predict for Alphabet Stock?

According to analysts polled by TipRanks for a forecast of Alphabet stock over the past 3 months, there are currently 30 buy, 2 hold and 0 sell ratings on the stock. The highest price target for an Alphabet stock forecast is $186 and the lowest target is $113.

The average price target for an Alphabet stock forecast is $142.91, which is over 28% upside from current levels, at the time of writing.

Source: TipRanks, September 13, 2022

An Example of an Alphabet Stock Trade

Here’s what an example of an Alphabet stock trade might look like:

  • Buy the stock if the USD 112 level is broken to take into account the current market volatility.
  • Target slightly below analysts’ average price target at $142.
  • Keep the risk low, maximum 5% of your trading account.
  • Time horizon = 1 to 6 months.
  • For 10 Alphabet shares purchased:
    • If the target is reached = 300 USD profit (142 USD – 112 USD * 10 shares).

It’s important to keep in mind that the stock price is unlikely to rise in a straight line and may even continue to correct before rebounding, especially considering the recent stock market sell-off. global.

Therefore, be sure to apply proper risk management, which is one of the most important aspects of profitable trading. Indeed, it is necessary to always know how much you can potentially lose on one of your positions.

Commissions are another factor to consider, as they can reduce your profits. With Admirals’ Invest.MT5 account, you can buy US stocks from $0.02 per share. This means that buying 10 shares of Alphabet would result in a commission of $0.20 ($0.02 * 10 shares).

The minimum transaction fee is 1 USD. So the example trade above would result in a commission of only $1 in total!

How to Buy Alphabet Stock in 4 Steps

With Admirals, you can buy shares of companies like Alphabet with a low commission of just $0.02 per share and a low minimum commission of just $1 on US stocks.

  1. Open a trading account with Admirals to access the Trader’s Room.
  2. Click on Trade on one of your real or demo accounts to open the web platform.
  3. Look for Alphabet at the bottom of the “Market Watch” or “Market Watch” window and drag the symbol onto your chart.
  4. Use the one-click trading feature, or right-click and open the order ticket to fill in your position size, stop loss and take profit level.

Source: MetaTrader 5 WebTrader Admirals. Past performance is not a reliable indicator of future results or future performance.

Click the banner below to buy Alphabet shares today! ▼▼▼

Do You Have a Different Approach?

Keep in mind that all analysis and trading insights are based on the author’s personal view and experience.

If you think Alphabet’s stock price is more likely to fall, you can also sell it short from a CFD (Contracts for Difference) trading account provided by Admirals.

Trade.MT4 and Trade.MT5 accounts allow you to speculate on the direction of stock prices using CFDs.

This means that you can make buy (long) and sell (short) trades in order to profit from both rising and falling prices. To learn more about CFDs and how they work, you can refer to the article Understanding CFDs on the stock market.

INFORMATION ON ANALYTICAL MATERIALS:

The data provided provides additional information regarding any analyses, estimates, forecasts, forecasts, market analyses, weekly outlook or other similar assessments or information (hereafter “Analysis”) published on the websites of the Admirals investment companies operating under the Admirals brand (hereinafter “Admirals”) Before making any investment decision, please pay particular attention to the following:

    • This is a marketing communication. The content is published for informational purposes only and should in no way be construed as advice or an investment recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, nor is it subject to any prohibition on dealing prior to the dissemination of investment research.
    • Any investment decision is made by each client alone, while Admirals will not be liable for any loss or damage resulting from any such decision, whether or not based on content.
    • In order to protect the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for the prevention and management of conflicts of interest.
    • The Analysis is prepared by an independent analyst, Jitanchandra Solanki (Analyst), (hereinafter “the Author”) based on their personal estimates.
    • Whilst every reasonable effort is made to ensure that all sources of content are reliable and that all information is presented as far as possible in an understandable, timely, accurate and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained in the analysis.
    • Any type of past or modeled performance of financial instruments shown in the Content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument can both go down and up and the preservation of the value of the asset is not guaranteed.
    • Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profits. Before you start trading, make sure you fully understand the risks involved.

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