Google's (GOOG) scorching hot Q2 earnings show that its stock is a bargain hiding in plain...

|By:, SA News Editor

Google's (GOOG) scorching hot Q2 earnings show that its stock is a bargain hiding in plain sight, Heard On The Street writes. Even with an 11.5% surge in the opening minutes today, Google's shares, when net cash of $107/share is excluded, are trading at only ~16x expected 2011 earnings, and are still below where they started the year.