bruce

Google Earnings Revised Downward, But It Still Looks Good for 2009

I definitely agree that there is very little the company needs to do to provide excellent returns for investors. That seemed pretty obvious when I updated my analysis from a couple of years ago where I used FCF multiples:

20tickers.com/?p=36

With the way the company pumps out cash a pull-back on CapEx (even in a no-growth scenario) makes GOOG a very attractive stock right now.