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Can someone explain to me why the market is being so bubbly about google (yes, pun intended)? I'm just not seeing over $1000 being the long, even for google.
by psbp 13y ago
Can someone explain to me why the market is being so bubbly about google (yes, pun intended)? I'm just not seeing over $1000 being the long, even for google.
- encoderer 13y agoThey're sitting on a huge pile of cash. Back that out and look at their forward P/E. It's reasonable. There is no reason Google shouldn't be over $1k. Except that 4 digit numbers feel big. Which is probably one reason they're doing a split.