Can Google Beat the Bears and Outperform in 2013?
In 2012, Google clocked in as the fourth most valuable brand in the world. The company’s brand value grew 26 percent from 2011 to $69.7 billion. (For the curious, Apple’s brand value grew 129 percent to $76.6 billion.)
For the dividend hunters out there, Google doesn’t offer one, so too bad. The stock is currently trading at a trailing-twelve-months P/E of 23.13 and a forward P/E of 15.94. Price to book for the most-recent quarter is 3.54.
The indicators suggest that Google will continue to OUTPERFORM as it recovers from its October slip and maintains a leading position in the mobile OS and search markets.
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