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Ten days after delivering a Q4 EPS beat, Google (GOOG +2.4%) temporarily made a new all-time...

  • Friday, February 1, 1:10 PM ET
    Ten days after delivering a Q4 EPS beat, Google (GOOG +2.4%) temporarily made a new all-time high of $774.92. That number eclipsed an October peak of $774.38, which came before shares tanked thanks to a memorable Q3 report. Google currently trades at 13.7x 2013E EPS (exc. cash).
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This news story has 3 comments:

  • GOOG is very near to the previous pick of $768 reached on October 4, 2012. May be we can learn something from GOOG 2012 behavior:
    http://bit.ly/VB70Eu
    In any case: Billionaires are Crazy About GOOG:
    http://bit.ly/XOWfbM
    2 Feb, 07:54 AM Reply Like
  • Google will struggle going forward.

    Already dominates US ad market, and little hope of expanding into china (BIDU).

    Search is moving to mobile, where there is more competition from apple. Mobile also generates less revenue than desktop search.

    The stock is also richly valued, trading at around 23x trailing earnings. As amazon has shown, any stock can be manipulated higher, but unless you're the manipulator, best to steer clear.
    2 Feb, 10:27 AM Reply Like
  • Seking Alpha alerts is most useful...don't invest without them!
    5 Feb, 03:03 PM Reply Like
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