Now it breaks record over 500 p/s. Thanks to the people from internet marketing who contributes to its income. The best way of advertising. Sometimes madness of people is not logical to explain. It will still continue to rise I guess.
2007-01-12 05:45:38 · 4 answers · asked by Dang 3 in Business & Finance ➔ Investing
It all depends on how Google handles the situation. Actually I was thinking they were doing good with all the You tube stuff going on... and the take over was great. One more such thing and Google is all over 650. Actually I would say the company is now running at higher speeds with earnings just $8 a share and hence trading at higher P/E of 64. But...But...the important thing Price / Book ratio is just a 11x....I THINK YOU MUST KEEP THIS IN MIND .... which says it is not too risky.. or it is not trading too high as it looks...
Moreover a company with the projected growth at 36% in ther next 5 years earnings...is not at all risky in my opinion.
I won't be a communist by saying it will hit the 750$ mark some time soon.. But I'm confident that Should Google's CEO keep up what is running .... Google should run directly higher (as per Cramer too ) once it rams through that $513 mark(it's all time high till now) I think we might see a 575 soon...as soon as Aug.
That's it from me... Hope this clears any of your doubts in investing.
2007-01-12 07:19:52 · answer #1 · answered by That's me ... 3 · 0⤊ 0⤋
I wouldn't pay it. It seems way too risky. But if people are buying, don't buck the flow. Still, if a stream is running too fast, watch for waterfalls.
2007-01-12 14:13:16 · answer #2 · answered by Rabbit 7 · 0⤊ 1⤋
I believe it will go way past 600
2007-01-12 14:07:39 · answer #3 · answered by Anonymous · 1⤊ 1⤋
no
2007-01-12 14:02:22 · answer #4 · answered by Anonymous · 0⤊ 1⤋