Is Google Stock Overpriced?

Cramer Touts GOOG

admin — Wed, 19 Sep 2007 03:03:29 +0000

On his Mad Money show tonight, Jim Cramer reiterated his Google recommendation, along with a recommendation for about 7 other stocks (he also had separate segments where he recommended BEA Systems and companies that are in the electronic prescription business). GOOG might get a small extra boost tomorrow because of this.

Cramer considers GOOG one of his “four horsement of tech” and often mentions it on his show.

Fed Makes A Big Cut, GOOG Goes up 1.9%

admin — Tue, 18 Sep 2007 21:15:37 +0000

To the market’s surprise, the Fed cut by .5% today, sending stocks soaring. Google was up on the news too, by about 1.9%.

It’s not clear how the Fed’s actions will affect Google much, but I don’t see this news creating a particularly good or bad buying opportunity for GOOG. If anything, it makes it a little pricier since interest rates don’t affect Google that much (it may affect some of its advertisers, but probably not that many since most are internet companies).

Boring Day

admin — Tue, 18 Sep 2007 00:07:00 +0000

The tech sector took a dip today, and Google followed by .65%. The big Fed meeting is tomorrow, so we’ll see if the stock fluctuates much then.

GOOG Going Into The Fed Meeting

admin — Mon, 17 Sep 2007 03:45:45 +0000

This week, the stock market will likely be very volatile depending on what the Fed does. Most analysts believe interest rates shouldn’t affect a tech stock like Google that much, but market sentiment will likely affect its price nonetheless. If the Fed does something that spooks the market, it might present a good opportunity for buying some GOOG.