This Large-Cap Tech Stock Is a "Strong Buy" Before Earnings

The truth is out. The best-kept secret on Wall Street is the Money Morning Stock VQScore™.

This proprietary system has consistently produced winner after winner for investors.

We've already made 39% on Graphic Packaging Holding Co. (NYSE: GPK), 47% on Facebook Inc. (NASDAQ: FB), and even 97% on Vivint Solar Inc. (NYSE: VSLR) so far this year.

Here's how it works: The VQScore system rates stocks on a scale from 1 to 4. The higher the number, the better.

When it hits the "Strong Buy" level, the stock is poised to break out because EPS is accelerating and demand for the underlying shares is rising.

So, imagine our surprise when one of the world's most revolutionary tech stocks in history popped up with a top VQScore...

It's no understatement to say that this tech company has redefined society since its inception. And it's poised to break out after it reports earnings at the market close today.

If you bought this stock when it IPO'd, you'd be up over 2,000%.

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That's right. A $10,000 investment in this company in 2004 would be worth over $2 million today.

Not only should you buy this tech stock at its bargain price, but it should be a cornerstone of your stock portfolio moving forward.

Here's everything you need to know...

Our Top Tech Stock to Buy Now

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Alphabet Inc. (NASDAQ: GOOGL) is one of the world's most innovative companies.

It controls more than 88.4% of the global Internet search market, according to April figures from Statista.

It also owns YouTube, which is perhaps the most undervalued jewel in all of the global entertainment industry.

But for some reason, it lost favor with investors during the second quarter.

Even though the firm reported a 19.8% jump in quarterly earnings (year over year), its $36.3 billion in revenue fell short of analysts' forecasts by about $1 billion.

Wall Street raised concerns about slowing ad sales and weak hardware sales.

The stock pulled back from nearly $1,300 per share in late April down to nearly $1,030 per share by the start of June. Shares have gained more than 10% since hitting the trough, but there is still an incredible amount of room to run in the future.

Now, keep in mind that out of dozens of Wall Street stock ratings, not one analyst has a "Sell" rating on the stock. With an average price target of $1,350, we're looking at potential upside of more than 15% over the next year.

From there, however, this stock could surge higher. Money Morning Chief Investment Strategist Keith Fitz-Gerald says that even though this stock that has risen 1,000%, it can still quadruple your money.

While many investors might only know Alphabet for search and YouTube, it is on the verge of two major project launches that will only propel the stock higher...

What's Next for Google

First, Google ATAP is producing a ministry radar system called Project Soli. This game-changing technology allows users to control smartphones and other devices with hand gestures.

But Project Soli's technology has a lot of capabilities that are outside of traditional smartphone technology - like the ability to monitor blood glucose levels without needles.

Some analysts believe that Project Soli will be integrated in the company's Pixel phones and will provide a major competitive advantage against hardware rivals like Samsung and Apple (NASDAQ: AAPL).

Second, the company is about to launch Google Stadia, a game-streaming service, in November 2019 in 14 countries.

The paid subscription service has the support of at least 20 major developers, including Bethesda Softworks, Capcom, Electronic Arts, Rockstar Games, and Square Enix.

Google Stadia could very well be the most important development in video gaming since the launch of the PlayStation. The project is based on the premise that gamers can live-stream games, save their data on the cloud, and eliminate the need to own a console.

Naturally, the hype is very high for this platform. A strong launch could easily propel GOOGL stock higher.

A Long-Term Buy & Hold

Alphabet's Money Morning VQScore is extremely high.

Sitting at 4.75, this signals the stock is poised for a breakout in the second half of 2019.

Ahead of today's earnings report, investors should consider picking up a few shares and holding this stock for the long run.

Alphabet is one of the rare stocks that you can set and forget and make a cornerstone of your portfolio.

That means that Alphabet has a more likely price target of $1,500 over the next 12 months.

This represents potential upside of 32% from yesterday's closing price.

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