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re: google stock

Posted on 1/20/16 at 9:30 pm to
Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 1/20/16 at 9:30 pm to
Why jump from a $120+/- stock to a $700+/- stock? Is this all you have? Do you just like technology? If you like tech why not get into a tech heavy mutual fund or ETF? We're going to need a lot more details before giving any guidance.
Posted by Big Saint
Houston
Member since May 2009
1454 posts
Posted on 1/20/16 at 10:06 pm to
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.
Posted by tigers1956
baton rouge
Member since Oct 2008
4834 posts
Posted on 1/20/16 at 10:08 pm to
I have other savings...company stock 401k and a pension plan at work...I'm 59 and was given this stock upon my mom's death....
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/20/16 at 10:52 pm to
quote:

Why jump from a $120+/- stock to a $700+/- stock?
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