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.
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The company has been the best performer large tech in 2021. Every division with solid numbers.
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The stock is now properly reflecting its value given it was underperforming in 2020.
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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)
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At current levels the is it time to take profits or hold for more time?