WHY GOOGL IS ON MY RADAR
$Alphabet(GOOG)$ is on my radar -- not because the narrative is clean, but because it’s not. And that’s where mispricing lives. We’re in the middle of a structural reset, not just in the market, but in how computing itself is defined. And Google sits squarely at the center of the storm -- not just exposed to it, but positioned to shape it.
The headlines are focused on the obvious: search is under threat. The ad machine that printed money for decades is now up against an existential question. Not a product cycle. A paradigm shift. In a world where users don’t search but delegate -- where agents retrieve, decide, transact -- the monetizable surface area for traditional ads starts to collapse. And that’s not just a business model tweak. That’s a compression of the oxygen Google has lived on. The margins that powered Alphabet’s expansion into every frontier of tech suddenly look less certain. Less defensible.
But that’s the mistake. That’s the part of the story everyone sees -- and where most investors stop looking. The deeper shift is happening below the surface. Because while Google’s consumer moat may be softening, its infrastructure moat is hardening. The market is fixated on the erosion of the front-end, but blind to the momentum underneath: a growing AI-native stack that may quietly become foundational to the agentic future.
This isn’t about keeping pace with OpenAI or winning headlines with Gemini. It’s about laying the rails. Google Cloud isn’t chasing the future -- it’s building the back-end that makes the future operational. Vertex AI, TPUs, AlloyDB, Workspace, Android -- this isn’t a portfolio of products. It’s an end-to-end operating system for the post-search, post-indexed world.
And now with Wiz, Google has made it clear that AI infrastructure without security is worthless. Because when agents start writing code, executing logic, and pulling sensitive data across multi-cloud environments, cybersecurity stops being a checkbox. It becomes existential. Wiz doesn’t just plug a hole -- it completes the circle. And it makes Google the only cloud provider offering first-party AI, custom silicon, and now full-stack security.
Meanwhile, $Microsoft(MSFT)$ is still ahead in narrative tempo. And OpenAI remains the center of gravity for consumer-facing language models. But Google's advantage isn't about the flash. It's about control. Control of compute. Control of orchestration. Control of security. Control of distribution.
That’s why I’m paying attention now. Not because the risk is gone. But because we’re reaching the part of the cycle where optionality is being mispriced. The selloff in mega-cap growth wasn’t just about rates or recession fear -- it was about narrative fracture. And Google’s narrative is fractured. But beneath the noise is a company pivoting harder, faster, and deeper than almost anyone else in big tech.
And if they land it -- if they make the leap from search-era cash engine to AI-native infrastructure provider -- then the multiples today won’t just be low. They’ll look laughable in hindsight.
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article, would you like to share it?