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re: google stock
Posted on 1/20/16 at 10:06 pm to RebelOP
Posted on 1/20/16 at 10:06 pm to RebelOP
quote:
Why jump from a $120+/- stock to a $700+/- stock?
This question is pointless. Price is based off earnings. Google is cheap relative to earnings and still a great growth company. Hell yeah sell IBM and buy Google.
And yes I do think they will eventually pay a dividend but I think it's a long time out so I wouldn't make a purchase based on that.
1
Posted on 1/20/16 at 10:10 pm to Big Saint
Actually it's not pointless because depending on his whole situation why would you buy a stock that is 7x more expensive if you don't have to. Is it just because he likes Google or what?
Like I mentioned before, we need more information than just the OP.
Like I mentioned before, we need more information than just the OP.
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