Google May Be About to Break Down
Fundamentally speaking, Google (GOOG) is the picture of health. This company is a money machine, boasting a 65% gross profit margin. The most-recent quarter featured top-line annual growth of 24% and an astounding increase of bottom-line growth to 58%. Even with those impressive figures, Google is valued at only 17x earnings.
Google's chart, on the other hand, appears to be anything but healthy. The stock's major support level, $560, is about to be tested yet again. Like an antivirus firewall that is probed repeatedly by a malicious program, one wonders just how long Google's defenses will hold up....348 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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