Google reported huge beats on its top and bottom lines for its first quarter of 2021, as well as a new $50 billion stock buyback, which boosted the shares more than 4% in after-hours trading.
The company has been the best performer large tech in 2021. Every division with solid numbers.
The stock is now properly reflecting its value given it was underperforming in 2020.
Remember with google you want to focus on:
I. Number of queries
II. Percentage of queries that have commercial potential
III. Click-through rates
IV. Cost Per Click (CPC)
At current levels the is it time to take profits or hold for more time?