Is Cramer Too Late On Google?

October 11, 2007 at 2:01 pm  ·  Category: Stocks

On “Mad Money” last night Cramer said that it’s not too late to buy Google.  In fact, he said, his price target for Google is $750 and that is “a total and unequivocal lowball estimate”.

But I’m wondering if he’s a little late to the party as so many  others have hyped Google of late.

All I know is that at 40 times estimated earnings for this year (remember we’ve only seen results for the first half of the year), Google better report a good number when it reports earnings after the close next Thursday.

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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