Google stock is the ‘riskiest' among its large-cap internet peers: Mark Mahaney
Alphabet Inc (NASDAQ: GOOGL) is the riskiest stock among its large-cap internet peers, says Mark Mahaney. He’s a senior analyst at Evercore ISI.Investors want cost discipline out of GoogleCopy link to sectionMahaney is “cautious” on Google stock primarily because of the “cost issue”. Note that the tech behemoth has already warned of more layoffs this year as Invezz reported here. That’s on top of well over 10,000 employees that it let go in 2023.Still, the Evercore analyst is convinced that investors won’t ...