|"The old days??"|
Thank you Blogger, an invention of Google, to allow individuals such freedom of speech.
So, just from a kind of random common sense survey, I went into my 401K plan to see what had done well since January 1st, 2012 to the half way mark. What I found was that all the Large Cap funds had done best and Capital Appreciation funds had done the second best.
So being a regular Sherlock Holmes, I decided to look at the largest holdings in these funds and it turned out to be Google (Symbol GOOG) and Apple (Symbol APPL) in every case.
Google Inc. Class A (Symbol GOOG, $580.07) may be a must have for your IRA account. So you buy 5 or 10 shares. In your 401K account you may want to pick out the large cap fund that holds the largest percentage of Google stock in it.
How about: projected earnings per share for 2012 of $43.25 per share and projecting for 2013 $50.55 per share. $100 stocks usually earn about $4.00 or $5.00 per share , so this shows you how incredibly CHEAP this sock is at $580.00. This stock could trade at $1000. dollars per share. The PEG ratio on the stock is 0.71.
How about: Gross Operating margins of 64.82%, kind of like the old "glory days" of Intel, in their hayday. The Net Profit margins are running 27.13%.
5 year earnings growth of 24.77% with the PE on the stock at only 13.48.
How about: A Current Ratio of 5.84 to 1.
How about: Cash and Short Term investments of 49,316,000,000 on the balance sheet.
Well I hope I have your attention now! Google hires people who are smart and have ability.
They have a little thing to keep employees happy besides the stock. They allow employees 20% of their work time to work on their own creative individual projects. What a great idea. And here's the guys that put it all together from Google's company page!
|"Founders Larry Page and Sergey Brin met at Stanford University in 1995. By 1996, they had built a search engine (initially called BackRub) that used links to determine the importance of a individual webpages"|
Best of luck investing in the second half of the year. Don't buy stupid stocks, but smart ones! (Like GOOGLE!)