The analysis is based on a discounted cash flow valuation model for Alphabet (GOOGL), revisiting the intrinsic value per share. The updated intrinsic value per share is $255.08, compared to a current market price of $244.33. Despite the intrinsic value being close to the market price, the analyst likes the stock due to its high return on invested capital of around 30% and a forward P/E of 24.5. The factors updated for the intrinsic value include the risk-free rate and interest rates in the United States, which have fallen considerably in previous weeks. Positive GDP numbers usually indicate a stronger economy, potentially causing interest rates to increase. The company put behind it with the court cases with the antitrust and monopoly concerns, so the company can focus more completely on the challenges and opportunities ahead with artificial intelligence.