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Though Apple's run to $700 has garnered more headlines, Google (GOOG +0.8%) has also been on a...

Sep. 21, 2012 6:07 PM ETAlphabet Inc. (GOOG) StockGOOGBy: Eric Jhonsa, SA News Editor1 Comment
Though Apple's run to $700 has garnered more headlines, Google (GOOG +0.8%) has also been on a tear in recent weeks. Shares made new highs today, and are now up 27% from their June lows. Bullish remarks from Deutsche contributed to today's gains: the firm argued international search growth should remain healthy; that display, mobile, and YouTube are become meaningful growth contributors; and that a valuation of 12x estimated 2013 EPS (exc. cash) is appealing.

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