Stock Market Alert - With GOOG now about 60 points off of its 52 week high of $513, talking heads on television are starting to wonder if the momentum has died for GOOG. They wonder: is GOOG’s market cap just too high? Is all the good news out? Can GOOG ever top the $500 mark again? GOOG is a very news driven stock, and there hasn’t been much news out lately, so the stock has slowly fallen after its frenzied run to $513. However, with another earnings report looming and with end of year buying taking place, I wouldn’t be surprised to see GOOG take another run at $500, and soon.
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