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Nicholas (New York) commented 6 months ago
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Looking to dump my Google
Looking to dump my Google shares if the stock price hits $745. Comments?
Clay (Michigan) commented 6 months ago
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Looking at the stock chart
Looking at the stock chart for Google's stock, I notice that $774.38 is the highest price it has reached in the past seven year. So the $745 price target you have in mind might be a reasonable price to sell. And also, since June of this year, when the stock hit rock bottom for the year, it has risen 24%. So, the stock has had a really nice run.
However, the company is experiencing a high level of growth and most likely will surpass its recent high of $774.38 by maybe sometime next year. Why would you want to sell at $745?
Anthony (Delaware) commented 6 months ago
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The cable companies better
The cable companies better watch out. Google Fiber is going to pose a formidable threat: https://fiber.google.com/about/
Anthony (Delaware) commented 6 months ago
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In addition to the various
In addition to the various steams that Google is expanding into, it seems to be taking on Amazon and gaining market share in the cloud space.
Vicki (New York) commented 6 months ago
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It'll take a miracle or a
It'll take a miracle or a major "unexpected" positive surprise for Google's stock to hit $745 in the next one month. But hey.....miracles do happen.
Nancy (Canada) commented 6 months ago
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I kind of agree with Jason
I kind of agree with Jason who said below that "Overall market is overbought and overpriced. Google is a momo stock that will get hit harder than most. I see downside on Google to $550, and very little upside to $700".
However, I disagree with Jason that the stock might fall to $550. I think that is a big stretch. The company looks good from a valuations and fundamental perspective. However, I see it being impacted by the dynamics of the overall market .
I would say now would be the time to sell Google as I don't see it going up (anytime soon) to the $745 target you have in mind.
Alexi (Arizona) commented 6 months ago
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Google has issues:
Google has issues:
1. Motorola (What were they thinking when they acquired this company)
2. "Unexpected" rapid drop in Google's price-per-click
3. Google's core advertising business came in well below expectations.
Clarke (Indiana) commented 6 months ago
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"Just the facts, Ma. Just the
"Just the facts, Ma. Just the facts". Google's core advertising business did not come well below expectations. It came just slightly below expectations. Let's say it as it is, not how we want it to be!
Clarke (Indiana) commented 6 months ago
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And when I said "expectations
And when I said "expectations", I am referring to the expectations that were set REALLY high in the first place by conspiring and conniving Wall Street bankers!
Alexi (Arizona) commented 6 months ago
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Wow! conspiracy theorists
Wow! conspiracy theorists unite! "conspiring"? "conniving Wall Street bankers"???
I am going to assume you are one of those people who believe the "bankers" are out to get us all. Wake up and smell the coffee!
And, by the way 'conspiring and conniving' mean the same thing! Kind of redundant using both of them in the same sentence.
