Should You Buy Alphabet (GOOG) Stock From India?

So you want to buy Google stocks from India! Well, let’s start by understanding exactly what you’re getting into. Let’s rewind a little. In late 2015, Google repositioned & reinvented itself as Alphabet Inc. Google, the world’s biggest search engine, would become its major subsidiary & Alphabet’s experiments in innovation and startups would fall under its ’Other Bets category’. But Google stocks were still traded under the name GOOG.

Google stocks have consistently grown ever since the IPO in 2004. To be honest only a handful of companies can ever come close to Alphabet’s market cap  ($1.177 Trillion). Buying a Google stock can seem like a good bet considering all the areas  the brand has dominion over. They have an arsenal of products & services that are tied to our lives, right from Gmail, to Google Suite, Good Search, Google Phones, Google Maps and even Google Assistant However, investors bank on Google stocks for reasons like low volatility and fair pricing as well.

But are those reasons enough for you to invest your hard-earned money in Google stocks? Would you really benefit from having Google stocks in your portfolio or is it already too late? This blog will walk you through the details . Read all about the GOOGL stock here, before you invest in this US stock!

Alphabet (GOOGL) Stock Information At A Glance

1. Stock Name: Alphabet Inc. (GOOG)
   ‍
2. Share Price: $1,740*
   ‍
3. Market Cap: $1.177 Trillion
   ‍
4. Beta: 1.02 (Moderately Risky)
   ‍
5. P/E Ratio:  33.63 (Moderate)
   ‍
6. 52 Week Low: $1,013 
   ‍
7. 52 Week High: $1,818 

Fun Fact: Google was initially named ’BackRub’.

Historical Performance

Top Google Products

1. Google search engine
   ‍
2. YouTube 
   ‍
3. Gmail
   ‍
4. Google Play 
   ‍
5. Pixel phones 
   ‍
6. Google Home smart speakers 
   ‍
7. Google Cloud

Alphabet is trying to diversify its investments with its Other Bets category which focuses on innovation & high growth startups. These include:

1. Waymo One (autonomous driving project)
   ‍
2. Loon (Internet connectivity)
   ‍
3. Wing (Drone delivery)

Before investing in GOOG stocks, remember that 'Other Bets' only contribute to less than 0.5% of Alphabet's revenue. 

7 Benefits Of Buying GOOG Stock

1. Increase in Q3 revenue for 2020 ($38.01 billion, a 14% increase over Q3 2019).
   ‍
2. Google is the most preferred search engine (88% market share in the U.S.. 92% market share globally). 
   ‍
3. The ever-growing popularity of Android (64% of smartphone users have an Android OS).
   ‍
4. Diverse portfolio (Self-driving cars, Google Cloud, Youtube, and such).
   ‍
5. Increase in YouTube Music and YouTube Premium subscriptions  (30 million paid subscribers).
   ‍
6. Massive Ad revenue.
   ‍
7. The future is AI and Google has the best AI investments.

Note: Historical performance does not guarantee future success. Please consult a Cube Wealth Coach or enroll for our US Advisory Service, before investing your hard-earned money into any stocks.

Cons Of Buying GOOG Stock

1. Regulatory risks.
   ‍
2. The rise of Amazon (Alexa, Amazon Web Services, Digital marketing revenue).
   ‍
3. iPhone sales (Pixel has been unable to compete with iPhones)

Why You Should Buy US Stocks Using Cube

Cube simplifies the process of buying US stocks from India. If you want to invest in your favourite companies such as Google, Facebook, Amazon, Apple, Tesla, and more. You can invest in US stocks with top-notch advice from award-winning RIA, Rick Holbrook from the comforts of your home.

The Cube Wealth app also allows you to invest by yourself in any US stock by simply clicking on the "Buy US Stocks On Your Own" option.

But before you buy any international stock, it is important to know whether the stock or the investment itself is suitable for your investment goals or portfolio. 

You can have a conversation with a Cube Wealth Coach to know whether US stocks can help your portfolio.

Should You Invest In GOOG Stock?

Google (GOOG) stocks might seem fairly priced and Alphabet is leading the pack when it comes to innovation. But the GOOG stock is currently trading at 30x its earnings and there's a possible regulatory risk on the horizon for big tech.

These benefits and the historical growth of the stock might be a tempting proposition for investors. But factors such as your risk appetite, investment goals, financial health, and more can determine whether you should invest in Google stocks.

To get a better idea of your risk profile and if you should buy a Google stock, speak to a Cube Wealth Coach or download the Cube Wealth app today.  

*Note: All facts & figures are as of 11-11-2020. While we update our blogs regularly, check out the Cube Wealth app for detailed facts & figures.