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re: $GOOGL was $75 before Covid - $161B revenues, $34B net income, 13.97B shares
Posted on 11/4/22 at 5:19 pm to Street Hawk
Posted on 11/4/22 at 5:19 pm to Street Hawk
quote:
So, should we be listening to this Mike guy and going long Google?
As a longer term investment or a trade?
1
Posted on 11/5/22 at 12:45 pm to Jag_Warrior
I think tech likely goes lower over the next year and GOOG won't be immune. But as a long-term investment (3+ years) I think it will be fine. It's trading at roughly a 15 forward PE now.
I started a small position recently. I'll average down as it declines.
I started a small position recently. I'll average down as it declines.
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