Opened a $350k Position in Alphabet (GOOGL) at $278 Average Cost Price Targets & Long-Term Thesis

recently opened a major long position in Alphabet Inc. (GOOGL), purchasing 1,258.99 shares at an average entry price of $278.00 per share, representing a total allocation of $350,000. My short-to-medium-term price targets for this position are $344.00 and $401.00: At $344 Target: Projected total value of $433,092.56 (+ $83,092.56 net profit, or +23.74% gain). At $401 Target: Projected total value of $504,856.12 (+ $154,856.12 net profit, or +44.24% gain).

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