Sunday, July 18, 2010

Barron's leads with Google --- is that positive

This weekend's Barron's has made Google its cover story. The Saturday publication followed posts here on Tuesday and Friday touting Google's potential after several years of disappointing stock price performance. Barron's cites, in significantly more detail than here, reasons for the expectation of better market receptivity to Google and quotes analysts looking for 35% price appreciation by the end of 2011.

That's great I guess or maybe it isn't. Barron's is certainly a useful publication but its record at being a lead steer in stock picking is fairly abysmal. It makes me worry.


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