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Is it nice to start investing in GOOG Stock after brexit???

Discussion in 'Beginner Traders' started by Centaura, Jul 7, 2016.

  1. Centaura

    Centaura Guest

    Google stock has been one of the best performing in history. Since the company’s initial public offering in 2005, share have surged over 1,200%. A $1,000 investment in GOOG stock would be worth over $12,000 today.Yet, GOOG stock’s valuation is not that high. Trading at $680.04 per share, Google stock has a price-to-earnings multiple of 27.67X. If you use its expected earnings for the next calendar year, you’d see that the company is trading just above 17 times its forward earnings. If things turn to be the same there will be some one to take over for GOOG Stock.

    What are your thoughts??
     

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