Stock Charts: Google Inc Case Analysis

The weekly performance of the stock has a trend of constant growth with a significant growth in price compared to the IBM stock which happened in week four to six (09/30/11-10/06/16). A major factor for the large jump in the stock price is due to the shocking current news of Google acquiring Motorola Mobility for $12.5 billion. Right after the announcement of

The Candlestick chart has formed a Bullish pattern which suggests that buyers are entering into the stock. The stock should continue higher for the short-term. By looking at Intuit’s charts we can observe that Intuit has had steady gains despite a period of loss between mid-July and mid-August. We can also see that it has a Support at 43.44 and Resistance at 47.42. If it breaks this resistance the stock should continue higher to 50.13. The close proximity of resistance at 47.42 will be focused on as a possible refraction from this level may occur.

The Price earnings ratio is our Fifth fundamental and while i could not find the earnings estimates on google, yahoo did have them and they estimate by quarter giving the second quarter of 2017 a projection of $.91 which is not their lowest prediction but is still fairly low. When we figure this into the last three quarters we end up see in an estimated earnings per share of $4.63 which is similar to Google’s current earning per share. Using these number we see a small decrease in the price of the stock at $55.37 and this could be a good sign if you are willing to wait to

Starbucks shares have gone up and down during the past 3 weeks. “The results, announced after markets closed, sent Starbucks shares down 3.5% in after-hours trading.”(Weise,E) I bought 100 stocks from Starbucks; it first started off at 55.37 and increased to 56.31. I expected for Starbucks performance to be the best, but its stocks are unreliable. Their percentage week change fluctuates. When I initially started doing research on Starbucks the week percentage was at -1.02% and has reach to 2.41%, but later went down to .66%. Their stocks have been unsteady and their weakness is that the prices of their coffee is expensive. “By contrast, a year of drinking at Starbucks, based on two $2 cups a day, will run more than $1,400--not including any snacks

This implies that there is upside potential relative to the current price of $37.5; or that it is an undervalued stock.

Google Inc., American search engine company founded in 1998 by Sergey Brin and Larry Page. Google handled 70 percent of worldwide online search requests, placing it at the heart of most Internet users’ experience. Even though Google’s essential core business is search service, it now offers more than 50 percent Internet services and products from Gmail and online document creation to software for mobile phones and tablet computers. Google successfully maintained its core competence meanwhile expanded its business to advertisement and application three major core businesses. Its success in market levitates Google’s growth by acquiring other tech companies as a way of horizontal integration. For example, its 2012 acquisition of Motorola Mobility put it in the position to sell hardware in the form of mobile phones. Google’s broad product portfolio and size make it one of the top influential conglomerate companies in the high-tech market place. Google plays a very vital role in ICT ecosystem and it is one of the forces that enhance the growth of entire ICT ecosystem. For further illustrating the ICT ecosystem, I chose Apple and Comcast as device and Internet infrastructure firm to compare and contrast against Google.

$18. 30 Day’s high $17.55 trade time Apr 22, 2017, Days low $17.55 trade time change- 1.14% at 52-week high $22.51 the previous close 17.40 and low at 52-weeks $13.06 open at 17.30 the Beta 0.74 The volume was 53.823 Avg.vol 112.122 looking at the above figures the stock they are in a good position. One of their competitors is Amazon. Both companies are star rating the stocks are doing great. Overstock have had a constant and sturdy growth. The online retail giant is a threat to brick-and-mortar stores. Theirs some negative profitability, rising cost and some feel overstock price, put them in a danger zone with the stock market. Overstock up against the competitor such as Amazon, and Wayfair has declined some but not a lot. They have not deteriorated to the point they are in trouble with stock. The profitability of overstock is growing 13% compounded annually from 2002 through 2016; they have lost yet

The company is cutting back on profits earned but not losing value for its investors with price to earnings being favorable at 19.18 (www.hoovers.com).

The Earnings Per share in 2012 and 2013 were $2.90. This is an indicator that the company is still profitable since the ratio is a constant. The price per earnings in 2012 was 12.5 and 17.7 in 2013. A decrease in the price per share may indicate a vote of no confidence to investors. However, this can be attributed to the industry sector as well the stock.

In the first week, the stock maintained its stability through the first 4 days but ended up taking a small dip on the last day of the week, which dropped the stock price from $118.69 to $116.40. In the second week, the stock dropped when the market opened back up then stabilized for the rest of the week. The stock price went from $116.40 to $112.88. In the third week, the stock increased considerably from the previous week when the market opened back up and was stable. The price was stable throughout the week until the last day of the week when the price of the stock ended up fallen. The stock price went from $112.88 to $112.40. In the fourth week, the stock market opened back up. The price of the stock had went down but increased dramatically and ended up rising back to its original price. The stock price went from $112.40 to $114.16. In the fifth week, the stock increased considerably. When the market opened back up, the stock price was slow and steady on the first day and then started increased throughout the rest of the week almost reaching back to the purchasing price. The stock price went from $114.16 to $117.20.

Based on pro forma figures, stock price is expected to be almost $3 higher at a debt ratio of 70%. Given that most of our stockholders are institutional investors, a $3 increase is extremely significant when hundreds of thousands or millions of shares are owned.

Range of values per share is from $67 to $83 per share. This is in range of Greenhill's own calculations.

The outlook for growth is risky considering this company is very volatile, but if corrections are made to better the industry (i.e. expand

These erratic movements suggest that Apple stock will remain volatile in the short run, while posting a slight upward trend towards the end of 2008. We recommend a short term sell option to cut losses. Alternatively, we can also hold the stocks to take advantage of the possibility that the stock prices will rise as predicted by the above diagram from Chartnexus.com.

In conclusion, Google is a sound investment that according to the analysis will continue to increase their profits and their dominance in the marketplace.