Today at work, my boss asked me about my opinion on the stock market. My response? I am as bullish as ever. Looking at the main economic indicators, very little leads me to worry other than rising oil costs. Unemployment rates, corporate spending, and inflation are all at a good places. Oil costs can have a hit to the bottom line throughout the year, but more especially for companies who depend heavily on transportation.
Moving to the stock front, I am still in love with Google (GOOG). As they continue their strategic acquisitions, it ensures that even as a ever enlarging entity, they are still staying on the forefront of 'net technologies. Their large cash base and intellectual capital combine to be a force capable of anything.
Housing still worries me personally, as I see the market starting to bottom out. At the same time, I am torn between buying in now to ride it up, or wait it out and see how low it can go.
Monday, June 4, 2007
More Market Thoughts
Posted by Finance Guy at 10:18 PM
Labels: google, housing, stock, stock market
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