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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Graham Osborn who wrote (57642)7/30/2016 11:08:54 PM
From: Paul Senior  Read Replies (2) | Respond to of 78722
 
GOOG. I maintain my $900 price target for 2017.

Message 30438860

My view: To value companies like the FANG stocks, if they're to be considered any kind of a value aspect to be purchased, then different or "non-standard" method/methods must be used to evaluate these companies. Different from p/e, b/bk, Rev/EV, etc.

Apparently at this point in GOOG's history, you're beginning to delve into it only now and in order to "benefit if all the crazies out there (:)) keep chasing yields to the ends of the earth." I've no idea why buying GOOG is a beneficiary of yield-chasing or yield-chasers, since GOOG has no yield.

If you find that purchasing GOOG/GOOGL is to be some sort of offset or hedge as to what's happening elsewhere in the market, yet is not a value stock in any of the ways you ascertain value, then if you buy, imo, you ought to be posting on the Alphabet thread, not here on the Value thread.

For me, I find GOOG to be a value in the way I look at these type stocks. My big error is that I've been a buyer, but always only a small buyer. GOOG's up on better-than-expected earnings, and once again I have a small order in to buy more if the stock will fall back a bit,