Peridot Capitalist

Nearly two years ago I wrote about internet search giant Google (GOOG) seeing its stock price surpass $700 per share, and as a result, become the fifth most valuable U.S. company in terms of equity market value. Shortly thereafter the recession hit and Google shares tumbled with everything else. The stock is making a comeback [...]

The announcement from Google (GOOG) yesterday that it has released a beta version of a new web browser called Chrome has gotten a lot of attention, but shareholders like myself aren’t overly enthused. Once again it appears that Google is more about coming out with new free products than it is about its earnings or [...]

I am getting ready to hop onto a conference call here in a few minutes but Google (GOOG) shares are soaring 60 points in after-hours trading tonight after the company beat estimates on both the top and bottom lines, so I figured I would weigh in briefly. Bears on the stock have been insisting that [...]

So much for Steve Ballmer’s attempt to get a Yahoo (YHOO), Microsoft (MSFT) deal done more quickly by making threats. Now it looks like Yahoo is really serious about fighting back (or they’re just pissed).
This afternoon we learned that Yahoo is going to use search advertising technology from Google (GOOG) on its own site for [...]

Shares of online travel site Expedia (EXPE) have rallied about 15% this week on rumors of a buyout offer forthcoming, perhaps from Google (GOOG). I don’t own EXPE, but if I did, a buyout offer from Google is not something I would place a very high probability on.
Thus far, of the many acquisitions Google has [...]

Google’s plans for a strong push into the mobile phone market has excited investors enough to not only push the stock over $700 per share, but perhaps even more startling, the Internet search and advertising giant is now the fifth most valuable U.S. company. For a firm founded in 1998, this is an astounding ascent [...]

With a flurry of deals in recent months, Google (GOOG) has seemed willing to pay handsomely for attractive companies and contracts. The online ad leader has received mixed reviews for acquisitions of Doubleclick, Feedburner, and YouTube, as well as their exclusive ad deal with MySpace. With news that Facebook was negotiating with both Google and [...]

Regular readers of this blog know that sell-side analyst research reports are not something I reference very often for trading recommendations. The numbers show that analyst picks fail to beat the market consistently, and do so with more volatility, just as most mutual funds do. That said, given that most Wall Street research is positive [...]

Last month I wrote that the risk-reward in shares of Google (GOOG) looked extremely favorable. It just so happened that the stock bottomed two days later and has soared 57 points since. Technicians will likely be pleased to see that Google hit a new all-time high on Tuesday, breaking through a previous double-top.
Hopefully some readers [...]

Undoubtedly, one of the reasons Google (GOOG) decided to go public was to secure a currency (both cash from the IPO and shares to exchange) that could be used to fund strategic acquisitions in order to continue to grow and maintain a leadership position within the Internet services marketplace. The company has taken advantage of [...]