Google's slow, steady performance is now hurt by capital-spending concerns and shares fell; he calls it not very interesting here but the price near $320 very low, citing a 16.16 P/E and 216% profit growth boosted by SpaceX capital gains that can distort profit.
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Google. Google's performance was slow and steady, but it is now suffering due to capital spending concerns. Its shares fell because of these concerns. No money, no fun. A lot of expansion.
Everyone is nervous. As I said before, I heard myself being imitated somewhere a few days ago. I have always spoken about the endless demand for intelligence. You will never find someone who says, "Yes, I know everything.
I am smart enough." Therefore, artificial intelligence will continue . Unless a political group tries to destroy it, which is a possibility . Anyway, Google is n't very interesting here, but oh my god, if we saw level five as it is at $310, or $320 or $315.
In fact, we are only three dollars away from $320 now. This is a very low price.
Let's take a look at this company's financial data. Price-to-earnings ratio 16.16. With tremendous growth. Let's take a look at their growth . Let's take a look at revenue growth, and I said, "Okay."
Well, revenue growth wasn't huge, but profit growth was amazing. Look at that! 216%. But, incidentally, this increase is due to SpaceX's capital gains . You must understand that these sudden increases affect profits, but nevertheless generate huge profits.
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