As Waymo Launches in Nashville, Should You Buy, Sell, or Hold GOOGL Stock?
Alphabet’s Waymo began service in Nashville, adding to its growing footprint and fueling long-term upside for GOOGL thanks to autonomous-vehicle potential and rising AI/Cloud strength. However, Waymo’s current revenue base is small relative to Alphabet’s market cap, so the unit is unlikely to move the stock materially in the near term unless spun off or sold. Macro pressure—notably high gasoline prices—could curb consumer spending and advertising budgets, posing a near- to medium-term headwind to Alphabet’s ad-driven revenue. The columnist’s view: Hold GOOGL for long-term investors (AI and Google Cloud are positive catalysts) and Sell for short-term traders vulnerable to ad-revenue weakness.