This Internet news is provided from the ShangHai XingGuo Net Technology co.,Ltd

September 10, according to foreign media reports, the Standard & Poor’s Internet industry analyst Scott Kessle Tuesday pointed out in an investors report that compared to Google’s performance and growth, the company’s current stock is quite low.

Because the dollar and international economic recession, Kessler in the report cut Google’s earnings expectations. Kessler will Google 2008 earnings down from 15.94 U.S. dollars to 15.88 U.S. dollars, 2009 earnings per share from 19.21 U.S. dollars down to 18.85 U.S. dollars. But Kessler that, Google shares are currently serious Chaodie, 550 U.S. dollars and still maintain the target stock.

Kessler said in the report, “We believe that, Google will continue to maintain its search and online advertising industry in the lead. In addition, we in the field of mobile applications and services also are full of confidence. Despite the recent Google said Some of investments and acquisitions in the short term can not be a return for the company’s performance, but we still think that Google shares have serious Chaodie. Accordance with the current stock of view, Google stock has great investment value. “

The price of Google stock was close at 418.66 U.S. dollars on the Nasdaq Stock Market, down 1.29 U.S. dollars, or 0.31 percent. In after-hours trading, Google shares rose 4.44 U.S. dollars, or 1.06 percent, to close at 423.10 U.S. dollars. In the past 52 weeks, Google shares was priced with a minimum of 412.11 U.S. dollars, up to 747.24 U.S. dollars.