+ Watch GOOG
on My Watchlist
Stock split is the last straw. Sell.
Piggybacking off my PCLN pitch, recent downtrend in internet companies has led to better buying opportunities in strong companies like GOOG. Can't believe it's taken me this long to put in a CAPS pick on Google - it's one of my largest personal holdings. An innovative, fun company with an outstanding work culture and mission. Dominance in search has led to consistent cash flow generation that supports investment in long-term products with potentially ground-breaking potential. I love this management team, this company, and what they're trying to accomplish. Long-term green thumb.
Adding because of the split.
Google Car (driverless) + Uber + Android will drastically - reduce the number of cars manufactured in the world- increase the utilization rate of cars and reduce parking spaces in the urban area and make properties available for the better uses - change the transportation and logistics- reduce the accidents and total macro payment for auto-insurance- all of these savings will bring shift of wealth from the incumbent to the massive number of consumers in the world and Google will gain from this massive change just like internet ads, publishing and video have shaken up media and advertizing, sales and marketing industry!
Buy with the split
Google continues to innovate, buy its competition, and dominate new sectors of the technology. It will continue to grow. With a stock split I have no doubt that individual investors will see it as affordable and drive up the price in the short term.
Google... "nuff said"
I already have a green thumb on the A class shares, so this makes sense to me.
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