Alphabet (GOOGL) Stock Down, Google Improving Smartphone Security

NEW YORK (TheStreet) -- Shares of Alphabet (GOOGL) - Get Report are lower 0.54% to $734.11 as the company's Google unit announced it is testing new sensor technology for its Android smartphone, which will better combat intruders from unlocking your phone, CNN Money reports.

The technology, called Trust API, uses multiple sensors in your phone to detect if it is really the smartphone's owner trying to unlock the device or an intruder. Trust API will operate in the background of the phone constantly, calculating whether to unlock depending on such things as the way its owner usually swipes its screen, according to CNN.

The Google Android already offers similar protection with its Smart Lock technology. Smart Lock scans faces, voices and the way people walk to determine if the device is in the hands of its owner.

Trust API will supposedly be even more secure and advanced than the already-existing Smart Lock technology, CNN Money says.

"Assuming it goes well, this should become available to every Android developer around the world by the end of the year," Dan Kaufman, director of Google's Advanced Technology and Projects team, announced in a conference last week.

In addition, the Mountain View, CA-based technology company announced on Tuesday plans to increase the size and frequency of ads on its search engine site to prevent slowing revenue growth.

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Separately, TheStreet Ratings rated Aphabet as a "buy" with a score of A-.

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon.

Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that are rated.

The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels.

Although the company may harbor some minor weaknesses, TheStreet Ratings feels they are unlikely to have a significant impact on results.

You can view the full analysis from the report here: GOOGL