GOOG: Google Shares On Track To Hit The $1,000 Mark

Google Shares On Track To Hit The $1,000 Mark
by The Value Investor

Shares of Google Inc (GOOG) have seen a modest correction after the release of the company's second-quarter results last Thursday, July 18. Yet it seems like only a matter of time before shares of the most popular search engine will break through the $1,000 mark. While short-term earnings are under pressure, that's because of "overinvestments" in the company. Google is sacrificing short-term profits to further boost the company's ecosystem, which drives long-term shareholder value. read more »

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