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In this video tutorial, Paul Yura Jr. explains how to create a stock alert to be notified by email or on your phone when a stock reaches a certain price. He highlights the simplicity of the process and the lack of this feature on some investment platforms. The tutorial focuses on using investing.com, which is accessible on web browsers, Android, and iPhone devices, to set up alerts for specific stock prices. The goal is to receive notifications when a stock hits a predetermined price, without diving into complex strategies.