GOOGL Alphabet
HyperscalersPosition Summary
Shares
7
Avg Price
$302.94
Cost Basis
$2,121
Conviction
7/10
Investment Thesis
90% search dominance + 14% cloud share + Google Cloud growing 48% YoY.
Key Arguments
Bull Case
Cloud growth + AI integration across search, YouTube, Waymo. Undervalued relative to AI exposure.
Bear Case
Antitrust risk. Search disruption from AI chatbots.
What Would Make Us Sell
Sustained cloud market share loss or forced breakup.