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In this YouTube tutorial, Paul Yura Jr. demonstrates how to create a stock alert to be notified via email or phone when a stock reaches a certain price. He highlights the lack of this feature on many investment platforms and focuses on a simple and straightforward method to set up alerts through investing.com. This method is applicable on both web browsers and mobile devices, making it accessible and user-friendly for all investors. The tutorial aims to provide a quick and easy solution for monitoring stock prices effectively.