Pre-Earnings Analysis on Google (GOOG)

Buy Google Right here, Right now!

Google has:

Mobile

Video

Blogs

Finance

Books

Patents

Product Search

Docs

and oh ya, they have a pretty good search engine too.

Mr. Stock Picks Price Target, $750

To our readers we have indicated a buy for Google at $535/shr

Benchmark analysis

“Analysts at Benchmark maintain their "buy" rating on Google (NASDAQ: GOOG). The target price for GOOG is set to $700.

According to Benchmark, Google is expected to achieve 21% revenue growth on a y/y basis. 

Benchmark mentions that “Channel checks on YouTube are positive.

Primarily YouTube, generate about 40% of all domestic online video views.

“While Apple and Google are increasingly competing in mobile, we believe Google is well-positioned with a strong brand, proven digital ad solutions and a huge base of satisfied advertisers,Benchmark adds.”

Earnings excluding items of $6.56 a share for the period ended in March, and $4.93 billion in net revenue are expected to be reported by the firm, that compares to earnings excluding items of $5.16 a share, and $4.1 billion in net revenue in the same period last year.

"New formats recently deployed by Google include images -- a departure from the company's traditional, text-based advertisements. These formats were rolled out during first quarter and may see much success and are a good indication on how Google will proceed with these in the future.

Thomas Weisel Partners analyst Jordan Rohan told clients in a research note that Google should report a "solid" first quarter, thanks in part to the deployment of additional paid advertisements in search results. In addition, Rohan wrote that demand for paid search keywords in the travel and financial industries "has returned to normal seasonal levels" following a decline."

Schachter has a $650 price target for Google shares.

Google preformed terribly after Q4 results and the China issue, but I think this thing is due for a turn around. Right here, Right now! BUY!BUY!BUY!  

I will further cover Google as I am putting an analysis together dealing with:

Can Google be the new era Berkshire Hathaway?
$100,000 + per share?

Investors need to check up for that one!

Earnings season coming up with Alcoa today should be interesting.

Mr. Stock Pick

Market Commentary – 04/09/10

Bloggers,

The Dow continues to flirt with 11,000 as the Dow, S&P 500, and the NASDAQ march forward.

Oil slightly fell to $85/Barrel while Gold is touching $1160/Oz and Natural Gas is back up to above $4/BTU.

The Euro Gained against the US Dollar today. The Canadian dollar fell stretching the Par mark that was hit on Tuesday further away.

Earnings Reports to look out for:
Bank of America – BAC – April 15^th
Google – GOOG – April 15^th
General Electric – GE – April 16th
Apple – AAPL – April 19^th
JC PENNY – JCP – May 13^th
BP plc – BP – April 26^th

Today’s Winners:
Atlas Energy (NASDAQ:ATLS)
Casey’s General Stores (NASDAQ:CASY)
Taseko Mines (TSE:TKO) 

Today’s Losers:
Monster WorldWide (NYSE:MWW)
Constellation Brands (NYSE:STZ)
Targa Resources Partners (NYSE:NGLS) 

I feel Google will have a big move after earnings, I will post an in depth analysis of Google before earnings as it will be one of Google's most important earnings release. 

Until the next one,

Mr. Stock Pick

Why CML is on the move! Technical Analysis - MartyMcFly

Hey market movers,

If you didn't catch our report last week on TSE:CML you may want to look back at it and see why we were right.

TSE:CML Crowflight Minerals Inc. has received a $150 Million offer from Jinchuan Group Ltd. Of China.

Crowflight today announced that they have received a $150 Million take over offer from Jinchuan to acquire all of the common shares of Crowflight at a price of approximately $0.26 per common share. This offer represents a premium of approx. 47.3% to the closing price of CML on the Toronto Stock Exchange (TSX) as of Monday, April 5^th, 2010 and a premium of approx. 56.8% to the 20 day volume weighted average trading price.

Above is the daily chart of CML on the TSX as of the close on April 6^th, 2010, after the Jinchuan offer was announced. As you can see, the stock settled at $0.22 up 30% from the close from the day before (Monday, April 5^th, 2010); which is approximately 18% shy of the $0.26/share that Jinchuan is offering. With the stock hitting a high of $0.25 cents, one cent shy, it shows me that traders were a little cautions of the offer by Jinchuan. Supposedly, the offer is being reviewed by the Special Committee of the Board of Directors and it is subject to Jinchuan being satisfied with the board’s due diligence review of the Company and the receipt of all required government and regulatory approvals.

Good bye for now,

Mr.Stock Pick