Google, Inc. - If Your Growth Performance is not in this League It Should Be - BUT - Be Careful
Google, Inc. continues to make new highs, but has pulled back about one hundred points. That is nothing to set off alarms but I suggest holding a tight reign. Profit taking is not Forecast for the foreseeable future. However, Caution is warranted.
My previously written articles on GOOG (just click) provide you the history of my forecasting, its accuracy and support for my performance. For over 50 years my management objective is to identify changing trends for my forecasting analytics. I simple want to have current notes to quickly refer to on the anticipated direction of this company and its industry peers.
My Performance (my 5-Year Table) for Google, Inc. is available by clicking: (NASDAQ:GOOG) . The below 54% per year profit I have averaged for several years - Ain't Bad! I treat Google just like any other Company, and my performance is an excellent credential that I will not hesitate to move my Clients to Cash when my Forecast dictates.
My weekly study of all my High Profile Technology / Internet Companies says Caution is worth the effort.
My management objective is to identify changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.
This week's Commentary on - Google, Inc. (GOOG) - covers all of my Indicators, both Fundamentally for Valuations and Technically for Momentum.
Growth Investors - As you know Google does not pay a Dividend
Forecast w/ 5 Year Performance
Google, Inc. and other Internet Sector Companies are tracking well. Although Google, Inc. is in a strong Rally it is always an excellent contributor to my Analytics. My Forecast have been solid for almost 5 years now and that is a good feeling………
Note: The below Table is for your review, questions and perhaps thoughts. If you are seeking to "Invest Wisely" in my "Growth - Asset Allocation Model" - - please Email me to open a dialog on how I go about providing super performance with a very low threshold of Risk.
My Current Forecast is not as bright as you may think ! It is not all the bad either !
If you own or are considering owning Internet Companies, the securities are a mixed bag. Google, Inc. is currently strong Technically but I have reservations about my Fundamental Valuations, therefore I have placed it on an Initial (very weak) Bearish Forecast - "Warning."
My Current Opinion is Hold with Caution !
Fundamentally - ( weighting - - 40% ), my Valuations remain strong and positive with solid future upside projections. The problem is my Valuations are on the decline, first back up a bit and then back down or sideways. This translates into just one word I used above - "Caution."
Technically - ( weighting - - 35% ), my Indicators are clearly breaking down. A re-bound rally is in process - - the strength of which is excellent. Google did not move very well for almost three years (2010 thru mid 2012). Looking back helps in looking forward. Google is selling near its highs of $1,121.
Consensus Opinion - ( weighting - - 25% ): My third pillar of Research is one that is ALWAYS distorted to the Positive by most all financial analysts. That's because they are afraid of being Bearish. I Am NOT! My articles on "Reality" are supportive of the below 20 year Chart.
I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for (GOOG) !
A Twenty Year Perspective of Google, Inc. (GOOG)
It has NOT always been like you are being told by so many who do not take the time to do their homework and "Invest Wisely." Google, Inc. (GOOG), like most all other quality Companies, has taken some big hits over the years.
URL for (20-years of) GOOG: http://stockcharts.com/h-sc/ui?s=GOOG&p=W&yr=20&mn=0&dy=0&id=p25179194005&a=300758179
"Selectivity" is what I preach (along with Discipline and Patience) and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity."
Here are a number of the Component Companies / Peers in the Internet Industry Group that I focus on: (GOOG), (NASDAQ:FB), (NASDAQ:BIDU), (YHOO), (LNKD), (NASDAQ:YNDX), (NASDAQ:TRIP), (NASDAQ:AKAM), (NASDAQ:GRPN), (IACI), (NYSE:YOKU), (NYSE:AOL), (NASDAQ:AWAY), (NYSE:YELP), (NASDAQ:SOHU).
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Smile, Have Fun, "Investing Wisely,"
GOOG, FB, BIDU, YHOO, LNKD, YNDX, TRIP, AKAM, GRPN, IACI, YOKU, AOL, AWAY, YELP, SOHU