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FreshForex Forecast: Earn on Google Shares!

25 January 2017

FreshForex Forecast: Earn on Google Shares!Dear traders,

on January 26th the biggest Internet Corporation Google is going to publish financial results for fourth quarter of 2016. We invite you to learn more about the results and look over trading forecast of leading FreshForex analyst Catherine Main.

Positive data release and sharp quotes increase might be expected. Over the last 10 years Google's revenue and net income show steady annual average growth of 16.5% and 15.2%. Cash amount on bank accounts exceeds company's debt by 21 times. Institute for Supply Management reported increase in internet companies' orders, which allows us to count on Google shares positive trend continuation.

On P/BV multiplesP/E andP/BV Google is trading below average and indicates growth potential up to $845 per share.

Our trading recommendation:

Buy #Google

Take profit 845

 

Follow our up-to-date reviews and be the first to open profitable positions!

FreshForex Forecast: Earn on Google Shares!

Good luck in trading!
FreshForex — fresh view on money!

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