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In this video, Paul Yura Jr. shows viewers how to create stock alerts to receive notifications when a stock hits a specific price. He explains that while there are multiple ways to set up alerts, many investment platforms do not offer this feature. Paul focuses on using Investing.com to set up alerts on the website or mobile app. The tutorial aims to keep the process simple and straightforward, emphasizing the importance of receiving notifications when a specific stock reaches a certain price point.