1. Technology Holdings Update
Middlebury Student Investment Committee
Technology Industry Group
March 5, 2017

2. Alphabet Inc.
Multinational conglomerate created through the restructuring of Google in October 2015
Parent company of Google and other subsidiaries, including GV, Verily, Waymo, X
Reported an EPS miss by 2.80% on February 1, 2018; cloud business is generating $1 billion in revenue per quarter
Alphabet continues to dominate online search market; Google’s global share above 80%
Optimistic about the growth of subsidiaries, especially Youtube
Date Purchased
Purchase Price (GOOGL/GOOG)
Today’s Price
May 6th, 2010
$277.90/276.26
$ /
GOOGL/GOOG
Industry
P/CF
25.58
18.77
P/S
6.78
4.21
ROE
15.43
17.74
Sales Growth
(1 year)
22.80%
N/A

3. Alphabet Inc. (NASDAQ: GOOGL/GOOG)
Source: Wall Street Journal Advanced Charting

4. Salesforce.com, Inc.
Cloud computing company that pioneered the software-as-a-service (SaaS)
Generates revenue through customer relationship management
Diversified revenue into sales, service, applications, and marketing
Long on revenue growth beyond thanks to SaaS strength and multitude of revenue streams
Date Purchased
Purchase Price (GOOGL/GOOG)
Today’s Price
October 21, 2014
$64.08
$122.48
GOOGL/GOOG
Industry
P/CF
100.06
18.77
P/S
8.40
4.21
ROE
1.51
17.74
Sales Growth
(1 year)
24.88%
N/A

5. Salesforce.com, Inc. (NASDAQ: CRM)
Source: Wall Street Journal Advanced Charting

6. Nvidia Leading graphics processing unit markets
Its chips have applications data centers, and automotive systems markets
Nvidia’s GPU’s are also pertinent to AI models, such as digital assistants, image recognition, and natural language processing
Extremely profitable company that is beginning to grow its presence in cars
Note that data center and automotive spaces have entry barriers
Date Purchased
Purchase Price (GOOGL/GOOG)
Today’s Price
November 8, 2017
$211.94
$235.65
GOOGL/GOOG
Industry
P/CF
46.05
18.77
P/S
14.76
4.21
ROE
44.04
17.74
Sales Growth
(1 year)
40.58%
N/A

7. Nvidia. (NASDAQ: NVDA)
Source: Wall Street Journal Advanced Charting