Friday, April 19, 2013

GOOG: Google: Wait For A Better Entry Point

Google: Wait For A Better Entry Point
by Stock Gamer

Google (GOOG) announced its Q1 2013 results on Thursday with earnings beating estimates but revenue underperforming expectations. The share price has risen by 28% over the past 12 months but has slightly traded off from its 52-week high achieved in March. While Google is a solid investment given its healthy financials and near-term price catalysts, I believe potential buyers should wait for a lower price point as the shares are not cheap at the moment. My view is backed by the following reasons: read more »

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