Back in 2006 when google was at $450 dollars a share I was hesitant to buy it because it was at such a high price. Google is still going strong at over 700 dollars a share now. I personally think 2008 is the year google breaks 1000 dollars a share.
Even at googles high price, think google will do another 40% gain in a year?
December 11th, 2007 at 1:13 pm
Google is one of the hardest stocks to value. I think analysts are already pricing in 40% growth into the price so I’m not sure where the new growth you are predicting is going to come from. I would expect a marginal slow down in growth and more stable growth of 20% for the next few years. No comment on your price prediction.
December 11th, 2007 at 1:17 pm
Have you seen google street view!? Hehe
December 19th, 2007 at 5:23 pm
When’s a good time to buy google? At this point it seems pretty low for google standards. At $677 now.