Q: Good day
At what price point would you say Alphabet, Oracle and PHYS.CA are screaming buys. If it is easier you can use the price of gold in US instead of PHYS. Your opinion would be greatly appreciated. Thanks
At what price point would you say Alphabet, Oracle and PHYS.CA are screaming buys. If it is easier you can use the price of gold in US instead of PHYS. Your opinion would be greatly appreciated. Thanks
5i Research Answer:
We do not like the 'screaming' description as it implies no risk. There is always going to be risk, even if a stock has declned 60% (sometimes there is MORE risk in such cases!). But we would see the following prices as VERY attractive: PHYS $20 US; GOOG $160; ORCL $150
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOGL, ORCL.