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Mark Roussin: Selling GOOGL over company concerns is a mistake

Mark Roussin: Selling GOOGL over company concerns is a mistake
Selling GOOGL on concern is a mistake

Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, discusses the decision to take profits in GOOGL.

He notes that while rebalancing is understandable, selling the stock due to concerns about Alphabet is a mistake, citing the company's leadership in artificial intelligence.

Roussin previously highlighted ZS's outperformance on earnings with $1.08 EPS and $850 million in revenue, while noting its weaker Q2 forecast in a recent earnings review. He also reported on Berkshire Hathaway's agreement to acquire Taylor Morrison for $6.8 billion, which leaves Berkshire's cash holdings at $390 billion, according to a separate report. These recent comments come as Roussin continues to track major developments across sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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