Thursday, July 4, 2013

My Stock of the Day: GOOG


Some analysts seem unable to wrap their brains around Google. Of those, some seem to think Google has actually run out of ideas or soon will.
My guess is that Google is still in its infancy and will prove to be the iconic force of the 21st century—if it isn't already.
My 5-year Yahoo chart shows a reasonably steady up trend for GOOG from the market lows of 2009.
My 3-month chart suggests GOOG may be in the early stage of a renewal of its up trend after a mild pullback in recent weeks.
A consensus of Yahoo’s stock analysts rates GOOG a strong buy.

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