Google's Alphabet Stock Approaches Buy Point With Earnings Due

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.