Google's Alphabet Stock Approaches Buy Point With Earnings Due
With its next quarterly earnings report due on or around Oct. 26, IBD 50 member Alphabet is trading approximately 2% shy of a 2,925.17 entry. The entry is based on a third-stage flat base for the Google parent company, which involves more risk than a first- or second-stage formation. Taking a look at top and bottom line numbers, Alphabet has posted rising EPS growth over the last four quarters.