Google Back on the Road to High Stock Values


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.

Related Posts:

Short Link - Posted on September 27, 2009 at 11:50 am (PST)
Tags: | | | | | | | | |

Leave a Reply

Your email address will not be published. Required fields are marked *


16329 Spam Comments Blocked so far by Spam Free Wordpress

© Copyright Nerd Grind 2009 - 2010. All rights reserved.