Google Back on the Road to High Stock Values

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google stock chart history Google Back on the Road to High Stock Values

Over the past year Google has weathered a recession, and the loss of former sales boss Tim Armstrong, who is now the CEO of AOL.

In case you trade stock here’s a special note. Merriman Curhan Ford analyst Richard Fetyko, initiated coverage of Google (goog) with a SELL rating on November 21, 2008 when the stock was trading at $260, just days before the stock’s 52-week low. Since then, shares have more than doubled. Fetyko did upgrade the stock to "neutral" when it reached $328 and a "buy" when the stock price reached $342.

If the DoubleClick Ad Exchange boosts profits as Google hopes, the stock could reach new highs over the next 2 years.


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Short Link - http://ngurl.me/2vj Posted on September 27, 2009 at 11:50 am (PST)
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