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Google’s Blockbuster Earnings: Time to Buy?

Google’s earnings report was released last Thursday, and the announcement sealed the stocks longest winning streak of 2011.

Revenue rose 33%. Net profits rose 29%. Paid clicks increased 28%. “When I look back over the last quarter, the word that springs to mind is gangbusters”, according to CEO Larry Page.

Even in the face of a global economic slowdown, Google has seen increased demand for online advertising…the search business is somewhat resistant to slowing economic activity. And Google may take 76% of the U.S. search advertising market share this year, according to EMarketer.

Shares of Google have soared recently, and last week’s action resulted in a short-term buy signal. In spite of that, I would hold on adding a position. Shares are now entering overbought territory, so I would watch for a correction from the current level.

Navigating the Pitfalls of Annuity Investments

At Rezny Wealth Management, we prioritize transparency, education, and the long-term financial well-being of our clients. One area where we differ from many other financial firms is our approach to an

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