Google Investors to Zero In on Earnings
Shareholders in Google know all too well the heartbreak of high expectations. So when the world's dominant Internet search company reports earnings after Thursday's closing, DailyFinance says it better beat Wall Street estimates -- and beat by a lot. Why? Because Google is a momentum stock, where investors pay a fat premium for shares based on accelerating top-line growth, which is then supposed to flow to the bottom line.
2009-10-12 17:48:16
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