To The Moon

Here are Monday’s biggest calls on Wall Street:Goldman Sachs reiterates Nvidia as buyGoldman raised its price target on the stock to $800 per share from $625.“We reiterate our Buy rating (also on the

After reporting quarterly results on Jan. 30, shares in Alphabet experienced a moderate pullback in price.Don’t follow investors’ reaction to Google’s earnings and guidance updates.Alphabet’s AI catalysts could boost GOOG stock in the coming months.Post-earnings, investors bailed on Alphabet , but according to my Google stock analysis, there’s no need to head for the exits. Taking a closer look at the report itself, one thing’s clear. The results didn’t exactly warrant such a negative reaction.Although overall results beat forecasts, Alphabet’s advertising revenue during the quarter did not. Advertising revenue came in at $65.5 billion for the quarter. While representing a nearly 11% year-over-year increase, analysts were expecting ad revenue of $65.8 billion.Citi’s Ronald Josey, who increased his price target for GOOG from $153 to $168 per share, also cited “improving trends” for Alphabet’s non-search businesses, such as Google Cloud and YouTube. Given earnings forecasts, it’s easy t