Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving...

  • Thursday, February 21, 7:32 AM ET
    Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving cost-per-clicks (CPCs). Are they serious? In the meantime, Google is set to take on Microsoft (MSFT) with the sale of touchscreen laptops powered by its Chrome operating system. Shares +0.4% premarket.
Track new comments on this story

This news story has 19 comments:

  • Google is worth a $1,000 and Microsoft is worth $30?
    21 Feb, 08:00 AM Reply Like
  • Perhaps per share, but multiplying Google's market cap by 1000/800, and Microsoft's by 30/SharePrice should give a more meaningful measure of what the market thinks these two companies are worth.
    21 Feb, 10:48 AM Reply Like
  • After using windows 8 I think MSFT is lucky to still be in the double digits....
    21 Feb, 03:34 PM Reply Like
  • To Bigbenorr,
    I think you got that absolutely right.

    (I still cannot forgive ms for their 'vista' excuse.)
    21 Feb, 06:14 PM Reply Like
  • Guess who's following ... and that leaves Apple as the only manufacturer without touch screen pcs. Ironic.
    21 Feb, 08:12 AM Reply Like
  • This is so funny, yet so tedious and sad. Remember Apple price targets of 1000, even 1111?

    Well now its Google's turn to sucker in the dumb money. Muppets being milked.
    21 Feb, 08:23 AM Reply Like
  • I was just going to say, this was Apple's $1,000 or golds $2,000
    21 Feb, 08:49 AM Reply Like
  • Even to a casual observer it's noteworthy so many currencies in a devaluation race. Historically the Fed has never been able to be ahead of inflation, only play catch up. Stimulus a steady 85 billion a month? Seems perfectly reasonable gold will be over $2000 within a couple years.
    21 Feb, 11:43 AM Reply Like
  • I was specifically referring to the $2,000 calls for 2012...and there were plenty. Castles in the air my friend.

    And until that 85B a month actually makes it into the economy, I think we will be yet to see gold take off.
    21 Feb, 11:46 AM Reply Like
  • Price target increases? Uh oh! That is usually followed by a quick sell-off! :-O
    21 Feb, 09:24 AM Reply Like
  • The market makers are going to stick it to Google investors just like they did to Apple investors. Google has one product, search. And its revenues there are declining. What is their innovation strategy? Copy Apple and open retail stores. Great. You can wear Google glasses while sitting in the back seat of your driver-less car. This is a joke. I feel very sorry for those buying into to this set up. Here comes the man.
    21 Feb, 10:55 AM Reply Like
  • Ha, this is worse than the aapl $1111 price target. $GOOG isn't what I call cheap right now. I don't see where new revenue is going to come from to justify that type of valuation. Long $AAPL
    21 Feb, 11:10 AM Reply Like
  • Probably the same place it's been coming from.
    21 Feb, 01:09 PM Reply Like
  • Well it's not cheap now, so.... I don't see any way to justify such a valuation in $GOOG. They'd have to take share from apple, but since they hardly make any profit of android as it is.....
    21 Feb, 04:53 PM Reply Like
  • Good news for Apple. I hope investors will focus in Goog 1000.
    21 Feb, 11:45 AM Reply Like
  • When google starts to get serious competition in the search and ad support space they'll follow aapl's slide. The next ER should be entertaining.
    21 Feb, 12:15 PM Reply Like
  • go goog1000 and the top ten for more than 70 hedge funds; lather rinse repeat
    21 Feb, 01:58 PM Reply Like
  • I agree! I now have to consider selling Google. When the hype, speculation, and irrational exuberance starts, its time to SELL! The stock has hit all time highs and these articles start appearing. Are these traders, hedge funds, or ETF's behind this, who stand to benefit by pumping up the stock? From Apple they have now moved on to Google. Buyer beware!!!
    22 Feb, 06:02 AM Reply Like
  • These comments are very correct. This marketplace will be completely canabalized with 24-36 months. Eventually a few will have the HP Dell challenge- Can anyone make money in this business. Margins will collapse as Samsung and other asian companies copy and compete.
    Great for consumers, not so good for investors.
    22 Feb, 06:03 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)