GOOG: Google Still Attractive Using Price Multiples

Google Still Attractive Using Price Multiples
by David Guarino

A few months ago I published an article stating that Google (GOOG) would break out of its two and a half year trading range. For a few weeks I was correct and shares broke above the resistance level at $650 and just barely reached $775 a share. As I was about to pat myself on the back for a well recommended investment, the company reported Q3 earnings which disappointed the street. Shares have struggled to find a bottom since then and current trade in the high $600 range. read more »

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