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Just a few weeks ago, Alphabet (GOOGL) (better known as Google) could do no wrong. With the AI Bubble almost imperceptibly deflating, however, the bloom is off this rose as well. Just look at that steady bleed-out:
Alphabet is priced for perfection. This company is worth TRILLIONS, yet the p/e is still pricing it like a feisty young corporation ready for triple digit growth.
This is just the start.
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