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Proprietary Indicator Flashes 'Buy' for Google


Consider initiating a 1/4 position at this rating.

MINYANVILLE ORIGINAL has issued a rating change for Google (NASDAQ:GOOG). On Friday, November 30 after the close we went from a 3 (Hold) to a 4 (Buy). Remember, 5 (Strong Buy) is the top rating a stock can achieve, and initiating a 1/4 position at a Buy is ideal. Scaling in as a stock moves to a Strong Buy is recommended. You may remember that we alerted readers to sell 50% of Google at $727 and 100% at $767 after getting long at $632 (see Amazon and Google Are Both Momentum Stocks).

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