#6 - Alphabet (NASDAQ:GOOGL)
Alphabet (NASDAQ:GOOGL) is on this list because it owns 100% of YouTube, one of the major content creators on the internet. It’s a platform that allows virtually anyone to post content. How many times have you said, "I’ll look at a YouTube video to learn how to do 'X'" — per day?
This also means that Alphabet owns YouTube TV, which is like paying for what you might get from cable TV without a cord. It’s a popular alternative to Hulu and also to an upstart like FuboTV (NYSE:FUBO).
As more individuals look to cut the cord, particularly from services like DirecTV, YouTube TV will likely become a popular alternative. Consumers would still have to add different streaming services for their original content, but there may be a niche for YouTube TV, particularly for people who already own Roku (NASDAQ:ROKU) devices.
About Alphabet
Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
Read More - Current Price
- $164.76
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 35 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $205.90 (25.0% Upside)
