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Alphabet has best risk/return among large cap internet names, says Credit Suisse
Following quarterly results, Credit Suisse analyst Stephen Ju says Alphabet's shares continue to exhibit the best risk/return among the large cap Internet stocks. The analyst reiterates an Outperform rating and $1100 on the shares, citing monetization improvements in Search through product updates such as Expanded Text Ads and Individual Bid Adjustments, larger than expected contribution from Google's larger non-Search businesses, namely YouTube, Play and Cloud, optionality for value creation from new monetization initiatives such as Maps as well as the eventual commercialization of Google's Other Bets