Leave It To Google
Google announced better than expected earnings. As often happens when unexpected news of this nature occurred, the stock reacted favorably. As of this morning the stock is up more than 10% compared with yesterday’s close. Also of interest is that brokerage houses are upping their price targets for the stock. No surprise there.
Google also made the comment that internet marketing is taking away from the broadcast and print medias. This can only be good for GOOG.
Let’s see if the stock price continues to react favorably.
