Google is now cheaper than Meta on a forward PE basis

It's probably too soon to call Google a slam dunk value buy here, but what this does show is that the stock decline has been driven largely by investor sentiment and not by Google's business performance. Sentiment could easily get worse, but you're getting plenty of long-term compensation for buying Google at today's prices. Far from being an AI victim, Google looks well positioned for whatever the future of AI may bring, and the lack of positive investor sentiment around this makes it even better to buy. You can buy Google here comfortably, and if the forward PE gets anywhere near where Meta's did, you can ramp up your purchases.

Google is not a recession-proof stock, they're not guaranteed to crush the competition in the AI space, and the company isn't yet as cheap as Meta was during their 2022 debacle. But Google is a great business for a good price.

Above content quoted from: *Google Is The Most-Hated Tech Stock On Wall Street - Time To Buy*