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- Google shares have surged 16.08% since late November, driven by the resilience and growth of its core search business amidst AI competition.
- DeepSeek’s cost-effective AI model training presents an opportunity for Google to optimize its AI infrastructure and reduce training costs.
- Google is projected to show significant growth in Q4 earnings, with analysts bullish on EPS and revenue revisions heading in the right direction.
- Despite trading at a premium, I believe Google’s strong growth metrics justify a higher PEG valuation, with the potential for a 50% upside in shares.