Stocks to buy for August 2014
Making the cut are Google Inc (GOOG), Apple Inc (AAPL), and Dow Chemical (DOW).
Of those three we think the best bang for your buck is Google (GOOG). Apple is up 20% YTD and this website mentioned it a various times during the year when everyone was leaving them for broke. Google has only inched up 5% YTD.
A few analysts that believe Google can climb higher from July 18th:
GOOG) and raised its price target to $645.00 (from $625.00). The change follows Q2 results.
"Google is one of the only “mega-cap-tech” companies growing north of 20%, while experiencing accelerating growth and stabilizing margin, yet shares are only at 20x EPS. 2Q14 results were slightly above consensus on both revenue and EBITDA, with EPS below on a higher tax rate. Google is successfully transitioning its business from PC to mobile, and is arguably in a more favorable position in mobile than it was in PC, which should eventually be reflected in a higher multiple. We have raised our revenue and EBITDA for 2015. Google remains a top pick," said analyst Ross Sandler.
Investment analysts at Oppenheimer lifted their price objective on shares of Google (NASDAQ:GOOG) from $610.00 to $656.00 in a note issued to investors on Friday. The firm currently has a “market perform” rating on the stock. Oppenheimer’s price objective suggests a potential upside of 14.34% from the company’s current price.
Here are the articles found at Barrons.com:
How Sound Shore Management has done well, even in sharp market corrections.
The company is under pressure from activist Dan Loeb, who would like it broken up.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Southeast Asia’s High Speed Rail Network | Financial Sense
- Trans-Pacific Partnership Deal Struck As "Corporate Secrecy" Wins Again | ZeroHedge
- How Did Picasso Create 50,000 Works of Art? | Altucher Confidential
- Volkswagen and the Euro: Preliminary Thoughts | Financial Sense
- Hanging By A Thread | ZeroHedge
- Why Bank of America Just Cut Its Year End S&P500 Target To 2,000 | ZeroHedge
- How The World Views Obama's "ISIS Strategy" | ZeroHedge
The most relevant financial news and articles from the Internets
- Wall Street is dominated by two crowds: the bullish and the really... | Business Insider
- Bahamas search for lost US ship finds debris but no... | Business Insider
- New search for ship lost off Bahamas in Hurricane Joaquin... | Business Insider
- Supreme Court declines to review insider trading case | Business Insider
- Survivor: Gunman spared 'lucky one' to give police... | Business Insider
- A man proposed to his girlfriend using virtual reality | Business Insider
- Jack Dorsey is the best (and maybe only) choice for Twitter CEO (TWTR) | Business Insider