DuckDuckGo’s new browser takes a shot at Google’s Incognito mode
October 20, 2022
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Alphabet Inc Stock Fair Value – These include online advertising technologies, cloud computing, software, and hardware. DuckDuckGo, one of Alphabet ($NASDAQ:GOOGL)’s subsidiaries, has launched a new browser that takes aim at Google’s Incognito mode. DuckDuckGo’s browser promises to provide more privacy than Google’s offering by preventing cookies from being stored on your device and by encrypting your searches.
While Google’s Incognito mode does provide some privacy protections, it is not a complete solution. DuckDuckGo’s browser may provide a better option for those who are concerned about their privacy online.
Price History
At time of writing, news outlets are largely positive about DuckDuckGo’s new privacy-focused browser. The browser is seen as a direct shot at Google’s Incognito mode, which has been criticized for not being as private as advertised. On Wednesday, ALPHABET INC stock opened at $100.0 and closed at $99.6, down by 1.1% from prior closing price of 100.8.
This may be due in part to DuckDuckGo’s new browser, which could eat into Google’s market share. DuckDuckGo is positioning itself as the privacy-conscious alternative to Google, and it remains to be seen how successful they will be.
VI Analysis – Alphabet Inc Stock Fair Value
These include online advertising technologies, search, cloud computing, software, and hardware. The company’s fundamentals reflect its long term potential. For example, Alphabet has a strong balance sheet with little debt, and it generates a healthy return on equity. Based on these factors, the fair value of Alphabet’s shares is around $131.6, according to the VI Line.
However, the stock is currently trading at $99.6, which means it is undervalued by 24%.
Summary
Alphabet Inc. is one of the world’s leading technology companies. It operates in a highly competitive industry and is constantly innovating to stay ahead of the competition. Alphabet is a great long-term investment.
It has a strong track record of growth, and its businesses are well-positioned for the future. The company is also a leader in sustainability, and its stock is trading at a reasonable price.
