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Indicator Says Stay Long Google, Reduce Profits in Netflix

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Both of these stocks are currently Strong Buys.

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MINYANVILLE ORIGINAL We wanted to update readers who have been following our ratings on both Google (NASDAQ:GOOG) and Netflix (NASDAQ:NFLX).

First, let's discuss Google. We have mentioned that we would rather be in Google than Apple (NASDAQ:AAPL). We alerted readers on December 3 that Google moved to a Buy from a Hold at $698.58. Today the stock is trading up 1%. At this juncture, we would remain long until a rating downgrade or overbought level.

Next we have Netflix. On November 16, we alerted reader that the company was the most rapidly improving S&P 500 (INDEXSP:.INX) name. The stock was trading at $81.94 and is now up 21.82%. Because of the volatility, we would start to reduce profits. However, this name is not overbought, and it is still rated a Strong Buy.


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No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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