Ruth Porat is still the CFO and they continue to buy back stock. I don't give Google Alphabet full credit for buying back stock because they do put out plenty of incentive stock options for employees. Visa, on the other hand, wrapped up its fiscal hearing style, fourth quarter profit and revenue came in higher than expected. Their payment volume was up. They hiked their dividend. They green led a $12 billion share buyback plan; unlike Alphabet, shares of Visa are up 6% today.
Google's parent company disappointed Wall Street, but share buybacks continue.
(0:21) Bill Mann discusses: - Alphabet being a strong business, despite recent downturns - Spinning off YouTube being an idea that doesn't make sense - Visa wrapping up the fiscal year in strong fashion - CEO Al Kelly being among those who do not expect a recession in 2023
(10:56) Shares of Roku have fallen more than 75% year to date. Ryan Henderson and Jose Najarro engage in a bull vs. bear debate over the digital media player company.
Companies discussed: GOOG, GOOGL, V, MA, ROKU, NFLX
Host: Chris Hill Guest: Bill Mann, Ryan Henderson, Jose Najarro Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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