Bullish on Google, but Only Till Earnings
I'm a fundamental investor, though I do respect market technicians and their ability to read market swings and individual stock movements. So I'm not expert on this matter, but I'd call your attention to Google's (GOOG) yearly chart. This is the fourth time since January that the stock has traded up to the $620 level.
Each previous time, the stock has swung back down, and that was usually on some European news. There were earlier times when investors worried about CEO Larry Page's ability, or inability, to answer questions on the earnings call or on runaway headcount costs....363 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.