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Β· Essay Β· 1 min

The Paradox of Modern Times

Google publishes a report with profits three times higher, but the stock doesn't rise. Overvalued?

The paradox of modern times: Google publishes a quarterly report, with actual profits three times higher than projected (EPS $9.11 versus $2.87), yet the stock doesn't soar. Are they already too overvalued?

P.S. A simple reminder that quarterly reports (and calls from top management) are an important source of information about what's happening in the industry for those who follow.

#google@rvnikita_blog #stocks@rvnikita_blog #earnings@rvnikita_blog

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Thoughts of Rvachev
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The Paradox of Modern Times β€” illustration