From Barchart:

Alphabet Inc.’s stock, GOOGL, took a hit after the company reported lackluster Q4 results. The free cash flow decreased due to a significant rise in capital expenditure. Despite the drop, some analysts believe GOOGL may still be undervalued at its current price.

Overall, Alphabet Inc. reported disappointing Q4 results, leading to a sharp decline in GOOGL stock. The company’s free cash flow was notably impacted by an increase in capital expenditure. Despite the setback, some experts see potential for GOOGL to be a bargain investment opportunity at its current valuation.



Read more: Alphabet Stock Drops as Its Free Cash Flow Dips, But GOOGL Could Be Cheap Here