Will Alphabet Reach $3,000 a Share?

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There is an ongoing debate about whether GOOGL should be broken up into several distinct businesses, similar to how President Reagan broke up Ma Bell back in the early 80s. However, President Biden has not indicated he will take such a drastic measure.

As of September of 2021, GOOGL’s list of mergers and acquisitions totals a whopping 244. At the moment, GOOGL’s android operating system is used on 73% of all smartphones. GOOGL is still the search engine king with a 94% market share of online searches. In short, there is a good argument to be made that GOOGL should be divided into several companies that compete with one another in the spirit of free enterprise.

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