Buy GOOG Stock will cross 600 dollars today Google NASDAQ:GOOG Q3 2009 Earnings Report Estimates EPS
Submitted by vinny on Thu, 10/15/2009 - 10:22.
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Today Google (NASDAQ:GOOG) will announce their Q3 2009 Earnings today on October 15 2009 at 6:00 PM EDT. According to my analysis, You should Buy GOOG Stock based on expected EPS and earnings estimates. Google has seen growth despite Bing launch by Microsoft. September month's data clearly suggest that Bing lost its marketshare to Google after the party is over for Bing owned by Microsoft (NASDAQ:MSFT). Google will continue to lead the web market and launch innovative products like Google Voice, Google Wave etc.
Google EPS is expected to be around $5.40 which is better than previous quarter EPS of $5.09. GOOG is clearly a winner today. Start putting your orders early at $530 - $550 range with Stop Loss at $500 and Target Price of $600 intra-day and Long Term target of $728 by February 2009.
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