Thursday, November 8, 2012

GOOG: Why Investors Should Go Long Google

Why Investors Should Go Long Google
by Paramita Bannerjee

Google's (GOOG) Q3 earnings fell well below expectations, forcing the Nasdaq to drop 1 percent after the earnings report went live in the middle of the trading day, instead of after the closing bell, causing a suspension of trading. P/E estimates were revised and showed a downhill chart (as per Nasdaq data) from the 2011 actual of 22.91x to 20.11x (2012 estimate) to 17.14x (2013 estimate) and finally down to 15.11 (2014 estimate) as many investors grappled with the question of whether Microsoft (MSFT), with a P/E of 10x (approximate), was a better bet. read more »

More on GOOG:
Google's Glory Days Are Ahead Of It by Intangible Valuation

Other articles that mention GOOG:


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