Saturday, July 18, 2015

Does Google Have Any More Upside?


Summary

  • Google smashes Q2 2015 earnings estimates.
  • The Internet-search giant is benefiting from better cost control and YouTube growth.
  • The stock lost a lot of the valuation appeal after the nearly $100 gain, but it still provides solid annual growth potential.
    The surprising aspect of the Q2 results for Google (NASDAQ:GOOG)(NASDAQ:GOOGL) was that expense controls were already evident in the numbers. In the article (see Is Google Finally Growing Up?) released just prior to the earnings report, the research highlighted how the stock could head a lot higher based on tighter expense controls. The level of operating margins had the potential to grow to be inline with other tech giants.


 Read the full article on Seeking Alpha.


 Disclosure: No positions mentioned. Please read the disclaimer page for more details.

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