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Alphabet Soars to New Highs, Priceline Tumbles

publication date: Nov 8, 2017
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Image shown: Alphabet’s shares have been surging higher, and we think the move is justified on the basis of our fair value estimate.

Best Ideas Newsletter portfolio idea Alphabet continues to drive tremendous fundamental performance via its strength in search, and its pipeline of new opportunities may offer another blockbuster product in the years ahead. Priceline, on the other hand, has been under selling pressure following a disappointing bottom-line outlook for the fourth quarter.

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