Google is a good buy for many reasons. Let me explain each one. Here are 8 good ones:
1. The classic “buy low sell high” mantra applies. Google is quite cheap in terms of P/E. I don’t think I need to explain more there.
2. Google renewed their China licence. That means they are finally smartening up and learning to work with different governments instead of trying unsuccessfully to force their ideals down the throats of other nations. I’m living in China and can see that this is a very smart business decision. It’s not exactly how Google wants things but at least they are trying to negotiate and play ball instead of being out of the China game.
3. Their Android play is going nuts. Android is one of the fastest growing search terms of something that is already highly searched. Check out Google Trends and search for Android and look at the graph. Compare it to almost anything. Apple is considered greedy but Google takes the same cut as Itunes for App sales. Huge money..