Are you buying $GOOG after an 8% drop?
While the results fell short of expectations, they still turned out great and the company should do well this year. Google is one of the best companies in my opinion and has a strong position in AI. I've owned the stock for quite a while, it's one of the largest positions in my portfolio, and I overbought after today's drop.
Even though an 8% drop on a company like Google is really significant, I didn't buy. Google is my biggest position and I got a better price. Now we are "only" back a few weeks.
I will wait for a lower price, the market is unpredictable and we may close even lower at the end of the week.
I agree with your opinion, but the stock is still pretty expensive for me. I'd buy up to under $185.