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Is Google Really a ‘Most Valuable’ Company?

Fri, Oct 16, 2009

(Business)

Chad Brand submits:

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 along with everything else. The stock is making a comeback, though, after reporting strong third quarter earnings Thursday night. Analysts are once again very bullish, boosting their target prices today.

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