How can the price of Google's stock be so high when this company does NOT make the profits. Is this not just another bubble. How can google continue to provide stuff for free - not earn revenue's - and still have a high stock price
2006-09-07 10:30:02 · 4 answers · asked by Ping Me 1 in Business & Finance ➔ Corporations
That's the beautiful thing about the stock market, you can make money if you have a contrarian opinion. Feel free to sell some short or to buy puts.
2006-09-07 11:17:25 · answer #1 · answered by Oh Boy! 5 · 0⤊ 0⤋
Google does make a profit and the stock price is high (based on P/E) because it dominates SEARCH on the internert and because of its prospects for future growth.
The stock price itself is not a measure of how expensive a stock is. Valuation ratios and other factors compared to its competitors and the overall stock market itself determines stock value.
Nonetheless, is it too high? Probably.
2006-09-07 10:42:28 · answer #2 · answered by Zak 5 · 0⤊ 0⤋
i'm also looking ahead to such a web API provider or XML repository to get admission to them. NSE and BSE should be providing some information push to get admission to for a fee or freed from cost -which i'm no longer positive. I fairly have written to them, and in case if i'm getting any effective answer, i will submit it right here.
2016-11-06 20:36:18 · answer #3 · answered by ? 4 · 0⤊ 0⤋
I thought that they earn revenue from advertising.
2006-09-07 10:31:58 · answer #4 · answered by JMU Alum 2 · 0⤊ 0⤋