AlanHHI

The Google Godzilla: Will This Stock Double In Two Years?

GOOG is currently growing at 30% (5-yr forward growth est. from Yahoo Finance) and it has a 30 multiple. If GOOG grows at 30% the next two years (fairly conservative since they grew at 60%+ over the last year) and the multiple doesn't decrease, then GOOG should be worth almost 70% more than it is today. Not a double, but I'll take it.