Tuesday, March 5, 2013

GOOG: Why Google Has More Room To Run

Why Google Has More Room To Run
by Josh Arnold

Google (GOOG) shares have been making news of late for hitting all-time highs, including again yesterday. The stock is currently fetching $821.50, for a market cap of $271B, making it among the largest companies in the country. Even after the monster run shares have enjoyed, GOOG's forward PE is only 15 and I will argue that Economic Value Added suggests GOOG has more room to run, despite the rally. read more »

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