Google (GOOG) Stock - 2014 Price Target $1,220

October 18, 2013 - Google (GOOG) stock was upgraded today with a 2014 price target of $1,220.  Shares of Google (GOOG) are trading at $970, up 8%, after the company reported blow out earnings last night.  Analysts are now scrambling to raise price targets and somewhere Jeffrey Gundlach is hiding under a desk.  Just yesterday, Gundlach came on CNBC and told viewers Google (GOOG) is a sell.  This was at $889.  His recent call, Chipotle Mexican Grill (CMG), is up 35% since he said to short the stock at $340.

Google (GOOG) will hit $1,000 very soon!

For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

Google (GOOG) Stock Downgraded October 2012

Shares of Google (GOOG) have been downgraded 4 times so far this morning after the company's earnings release was filed 4 hours early on Thursday.

I don't expect GOOG to recover until the next earnings report.

Google (GOOG) stock is currently trading at $694 in pre market trading today.

Tim
http://www.stockstobuy.org/group/stock-picks

Google ( GOOG ) & Stifel Nicolaus

Well, today Stifel Nicolaus has come out and cut their price target on Google ( GOOG ) AGAIN LOL, to $525 but still rates it as a buy. As you can see below, this firm cannot be trusted due to them acting " after the fact" For once, I'd like to see a rating firm get ahead of things....sort of like Meredith Whitney did on the financial banks a year ago. As you can see below...every time Googles stock price has gone down, they have cut their price target. When Google goes up, they raise their price target. My 92 year old grandpa could do that for you for free!

Stifel Nicolaus Track Record on Google ( GOOG )

10/07/08 8:25am Rated Buy - Current Price - $374 - Price Target $525
9/02/08 8:25am Rated Buy - Current Price - $479 - Price Target $600
5/05/08 8:25am Rated Buy - Current Price - $594 - Price Target $675
2/28/08 8:25am Rated Buy - Current Price - $468 - Price Target $610
2/01/08 8:25am Rated Buy - Current Price - $532 - Price Target $675
10/11/07 8:25am Rated Buy - Current Price - $634 - Price Target $710

So as you can see....Stifel maintains a buy when the price keeps falling...they also cut the price target...and as soon as Google goes up ( 5/05/05 ) they raise it LOL

Dow Jones Technical Analysis 8/25/08 - Dow Jones Industrial Average Analysis August 25th, 2008

The last time I reported on the Dow we were around that key 11,400 level I talked about several times. Recently we have closed below and shot back up through this level. The low on the Dow last week was around 11,300 and I strongly believe this will hold. I am now looking for the Dow Jones to break an important resistance level of 11,698.

Keep an eye on resistance levels of 11,698 and 11,867. If we close above these levels it will be very bullish.

Bidu - Baidu.com : I bought BIDU and GOOG 8/20

Yesterday I made some purchases......BIDU at $304 and GOOG at $490.......I took profits in the past two day in XTO, CHK, CLR. They will most likely continue going up with Oil but I wanted to regroup and take profits. If they dip at all, I will be back in!

I bought BIDU because the company is growing very fast and it continues to blowout quarterly earnings. Baidu revealed they are taking even more market share from competitors in China. Baidu.com only trades at 45 times 2009 earnings which is cheap compared to how fast it is growing. If you missed the Google ( GOOG ) IPO, here is your chance!

I bought GOOG because this is the time of the year you want to be in the stock. You accumulate in the summer sell in December. Google under $500 has always been a steal!

Keep in mind, I have taken half positions on both....if we get dips, I will continue to add.

These are my two stocks for the rest of the year....the Garmin had to go the second they said Nuvifone was delayed. I will look at Garmin ( GRMN ) again in the future.

Google ( GOOG ) Why I bought Google - Should you Buy GOOG?

I have been buying Google over the past few weeks here....accumulating a position while I can still buy it under $500. I think once the technology sector turns ( and it could be soon ) higher this could be the last time you will ever see Google below $500 again.

Why?

Well first things first, the Gphone Anroid platform will be coming out this fall...that should be a plus.

Second, 2nd quarter earnings for Google are usually slow.....this 3rd quarter I think will be a blowout. Remember Q1 earnings? GOOG reported a blowout quarter...the stock went from $460 to $600....they miss in Q2 slightly and its all the way back to where it started? Are you kidding?

Third, YouTube is starting to make money.....when they get that together...lookout! We will eventually have a YouTube cable channel with ads flashing silently on your TV screen. Oh, did we forget about Doubleclick already? This is a huge growth opportunity.

Google will continue to growth each and every year. Google is expected to earn $19.69 per share this year...I think it will be over $20. For 2009, Google is expected to earn $24.50.

With 13 billion in the bank, and sporting a PEG ratio of .82 ( Yahoo has a PEG of 2.44...how crazy is that! ) I think Google is very cheap here. To me the Google's downside is very limited!