I bought Google stock today for following reasons;
+ Google is recruiting people using search engine, very cool.
+ Apple momentum is slowing, creating opportunity for Android.
+ Fi could be a big business.
+ Alphabet restructuring makes sense to liberate value of Calico and other divisions are not related to search.
+ Recent correction creates buying opportunity.
- Google is still very vulnerable on search. If Facebook or Apple make aggressive moves on search, Google will see revenues suffer in the short term.
Price: $606
Position: 2.31% of portfolio
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