Alphabet Inc.

GOOGL position long Wil Kidd

Thesis

Alphabet is under-earning in certain areas due to cyclical factors, such as travel, and investments through the income statement in projects like Waymo and Verily.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. The thesis suggests that Alphabet's earnings are being impacted by cyclical factors and investments, but without further information on how these factors have evolved or affected the stock price, the outcome remains uncertain.

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