Google (in my opinion) is the best search engine out there, or at least the most popular. With their services such sites as Adsense, YouTube, Feedburner, etc. they are obviously very competitive. However, we now are seeing headlines about Adsense bouncing checks, other random screw-ups. I personally think the stock is over-valued due to so many investors wanting a piece of the pie. Where do you think the stock is going in the next 12 months?
I think they will go down over the next year. If they have any earnings that do not beat the estimates the stock will go down.
I think the stock will go up because the company has so much potential...the online advertising market is still growing...they still haven't figured out how to properly monetize youtube.....they have the number video site on the internet...they are growing steadily in corporate search and Yahoo still doesn't know what the hell it is doing then again I could be biased because I own stock
And you still haven't dropped it yet? LOL, it's on the drop list for every major market maker. Bearish investors are buying "puts" on Google stock at $350. I guess that would make me biased because I have "puts" at $400. btw, you know you lost 7% on Thursday alone?
I don't see Google's stock going down anytime soon, they've got a lot of good things coming. Google is unstoppable, so is their stock. It may fluxuate on it's way, but I see them gradually growing.
Google has a lot of good FREE stuff coming - no doubt. Stock prices are predicated on earnings - not "good stuff".
I think they are continuing to make money, they purchased YouTube about 6 months ago and that site is still doing really well. If it does go down... it won't be by much. I'd imagine the company is still growing rather quickly.
This makes me giggle - what does "doing really well" mean? They have traffic? It is making money? Having something "cool" and "popular" does not automagically equate to profits.
thanks for reminding me but I bought it at about 135 so I'm still way ahead....I already cashed out most of them, I'm only hanging on to a precious few....
How much is the new world, the new economy worth? It is owned (1/3) by Google. And they are expanding fast. How much progress would the Google phone create? if answered correctly....we will know where the Google stock would go this year.
They are purchasing the internet which means they obviously have a plan. I may not agree with them on some things but they have a plan and if I were you, I would buy some stock right now while it's down because I can guarantee you that sucker is going right back up.
Sweet deal !! If you already made a profit on the initial purchase, I'd say hold the remaining for the long haul. I did that with Oracle and Red Hat almost 10 years ago and I'm glad I held onto the shares I had left over.