Jul. 23 at 4:52 PM
$GOOGL $GGLL
Considering
$GOOGL, it is an undeniable juggernaut. The 3rd most powerful company in the entire world.
If there is an argument to be made for "too big to fail";
$GOOGL is the posterchild of becoming immortal.
An immovable object.
Pricing here at
$319, offers a PE ratio of 16.
A forward PE of 21.
This means,
$GOOGL expects to lose money, thru Capital Expenditure in the next 12 months. They anticipate investing funds today, to pay for the future, at the cost of utilizing thier profits to make that happen.
They will still profit, they will still be bringing in maasive amounts of dollars; but they will be applying those dollars to future growth.
Recommend DCA every friday, immediately adding
$GOOGL to the friday shopping list for the foreseeable future.
12 month plan, 52 weeks of buying.
Expectations are a return of PE near 30; 12 month Price target
$475. 50% upside, on one of the most powerful companies in existence.
