a hunch on what i see crossing the tape...not a wild guess..i could be 100% wrong; i ve been plenty wrong in the past...and what does it matter how much ive made...im making a call..u need not do anything..just sit on the sidelines and watch...are u suggesting that you have somehwhat of a crystal ball??
GOOG Google target raised to $350 at CSFB (277.27 ) CSFB raises their tgt to $350 from $275, noting that the stock is up 40% YTD and has reached their prior tgt. While there will certainly be plenty of volatility in the stock price, particularly over what is supposed to be the slower summer period, they believe GOOG has further to go given: 1)the momentum in the co's core advertising business; 2) the growing impact of new business like Gmail, Froogle, and Local; and 3) a valuation that, relative to the co's growth rate, is far from stretched.
i don't need a crystal ball or hunches to follow a system with an edge. thank you for sharing your hunches with us. i was just checking to see if you have profitable hunches for us.
CNBC will have Cramer on in a little while to discuss GOOG. Cramer has a price target of $350 on GOOG.