Tuesday, September 15, 2015

Google Bi-Weekly Blog

Google Bi-Weekly Blog

Google (GOOGL) began September trading at $629. The stock has since then climbed to trade relatively flat in the $650 range. A healthy price range to sit in considering the stock tends to pick up come earnings week. Google has continued to be one of the biggest contributors to the portfolio and I believe still has some upside. I believe so because of the increased focus in revenue drivers specific to Google's core while separating expenses from other lines of business from its income statement. I believe after next quarter's earnings report might prove to be a prime time to sell our position with Google.

Google's price at the time of the blog - $662.82 reflecting a daily gain of 2.20%

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