What do you think of Google stock??? Is it still a buy? What are some estimated price targets?? Isn't the P/E a little high?
Right now I would not buy either. I feel it's price is more to do with it's brand then with its earning potential. But I don't see the brand going down any time soon. If I had stock like that, I'd probably keep it for now.
It's inflated But a stocks worth has little to do with earnings and everything to do with its desirability. Always remember...if someone is selling...someone is buying.
I wish I had purchased some of their stock early. Now it is too late to make a large profit from it. Not that you can't make money but it won't be as much as if you had bought it at 350. I'd save my money and by cheaper stock with a higher profit margin.
wouldnt it be safer to buy some high yield bluechips since their P/E is good and they got some sort of dividend
BUY, it has nothing to do with its current value. Google just dominate the Internet. Number of people getting online and staying there is increasing. The price of G will be like Berkshire, unlimited.
Their earnings are out tomorrow, roll the dice. You could miss the boat if you wait as it will shoot up after hours if you don't. Of course if the earnings are weaker than expected (or even in line) it will get smacked. As a trade it's a gamble. As an investment - is there a faster growing company out there? How would you have like to have bought, and still owned, Microsoft or Intel 2 years after their IPO?
Google moved higher into earnings and now is seeing a "sell the news" situation by traders after the announcement. This is setting up a buying opportunity for an investor. By the way, earnings were stellar.
its inflated, really. it won't fall soon, but there will be a bad quarter, ppl will lose confidence, price will drop $200 Shame I couldn't buy then. At least I made some from the Mastercard IPO funny, I own a part of mastercard, and they keep sending e chargebacks