2006-08-21 00:19:36 · 14 answers · asked by annon 2 in Business & Finance ➔ Investing
Since you are asking the question the answer is "no".
First of all, you should never take advice on buying a stock from a stranger; which is what we all are.
Secondly, the share price of Google has quadrupled since they went public. While they are not a bad company the stock is very pricey for the average investor. At $383 per share the downside risk is now greater than their upside potential.
Do you already have $500,000+ invested in stocks/bonds? If so, then go ahead and risk buying 100 shares of Google. If this would be your first, or most major, investment then stay away from it. You don't want all your eggs in one basket. You want to be diversified.
Since you asked the question you might be interested in Money magazines August issue article on Google. (see link below)
Success in your investing!!
2006-08-21 01:47:40 · answer #1 · answered by rkoblitz 6 · 1⤊ 0⤋
Don't.
Optimism is already priced in google, it needs multi years double digits growth to justify the current price. The coming slowdown/recession and the birth of a new sophisticated search engine from MSFT will be a strong headwind to google. Upside is very limited while downside is looming. Again.... do not buy.
2006-08-21 04:03:17 · answer #2 · answered by Kee 2 · 0⤊ 0⤋
If you have an awful lot of money spare - they're not cheap - and can find anyone willing to sell, then go for it. If not, there are plenty of other startups - not just dotcoms (although if youtube goes public - I'm unsure if it has) that'll be well worth investing in as it's tied up with several music companies to provide free music video downloads and has one of the biggest hit rates on the net.
2006-08-21 00:30:26 · answer #3 · answered by nert 4 · 0⤊ 0⤋
the share prices of internet companies can be very volatile (i.e. can change a lot from one day to another), therefore do not judge the company if it loses value in the short term (1 week to 1 month), you can usually profit from this investment in the longer run (6 month to 1 year)
therefore, be prepared to hold the shares for a while, and don't sell them worrying from slight decreases in the price during your holding period, unless there is a strong negative trend.
hope this is helpful...
2006-08-21 04:41:02 · answer #4 · answered by ufukguc 2 · 0⤊ 0⤋
No, because there's a new search enginge is being developed as we speak. It is the new MSN new search engine, and that'll overtake google in the near future.
2006-08-21 00:25:21 · answer #5 · answered by Luvfactory 5 · 0⤊ 0⤋
Their business strategy is good - but most people think the stock is overpriced. $100 for every man, woman and child in the USA - I read somewhere. I'd buy AMD right now..... but I'm English!
2006-08-21 04:31:29 · answer #6 · answered by Mike10613 6 · 0⤊ 0⤋
google your question and see what it comes up with
2006-08-21 00:25:43 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If they will go up you should, if they go down then I would advise against it.
I'm no expert but that's what I've heard.
2006-08-21 00:25:58 · answer #8 · answered by who8mycookies 3 · 0⤊ 0⤋
if anyone is selling then sure u can buy them
2006-08-21 00:24:52 · answer #9 · answered by Anonymous · 0⤊ 0⤋
yes
2006-08-21 00:24:02 · answer #10 · answered by roxi_biloxi 3 · 0⤊ 0⤋