Google (GOOGL)’s credit rating will not immediately feel an impact from the search leader’s restructuring announced this week, Moody’s Investors Service said Thursday. But Google’s pending change in legal structure “could potentially play a role over the long term, depending upon the company’s final decisions regarding the support for the company’s debt,” Moody’s analyst Neil Begley said in a research note. Google announced late Monday that it
There may be 8 billion reasons why Wall Street analysts are cheering Google’s (GOOGL) restructuring and new-found “transparency.” That’s one view of Morgan Stanley’s upgrade of Google stock to overweight. Google stock Tuesday and Wednesday, despite the China-related market sell-off, after the company disclosed plans late Monday to reorganize into a holding company called Alphabet. Under the new operating structure, Google will separate profitable
Investors looking for stocks positioned for long-term growth often home in on big-cap leaders like Facebook (FB) that have the stability and heft to power higher. Today’s Screen Of The Day is Big Cap Leaders — companies with top-notch fundamentals, generally with a market value of at least $15 billion. The list includes three hot Internet stocks, Facebook, Google (GOOGL) and NetEase (NTES), that all have a 98 or higher IBD Composite Rating,