Alphabet Inc (GOOG)

[santafe2]

It may not be JPM, it could simply be the analyst making the recommendation for a few large clients or for...you name it. Most of us on Nick's board followed the Dotcom / Dotbomb movement and all of the analysts were playing games and none of them were called to account for their judgment or their spectacularly bad advise. To a person, I think we distrust any advice from an analyst.

Now my opinion - To tell anyone to invest today in GOOG is horrible advice. To trade GOOG is another thing and good traders are doing very well, and will continue to do well...that's why so many shares trade. I don't remember the exact target, ($575?), but doesn't it seem obvious that the down side is at least as possible as the upside? That's a bad investment.

Since you don't know me I'll add that I'm likely the most conservative investor on Nick's board and I only go crazy over investments that have gone into the toilet, down the drain and spent a few years in the treatment plant. These are usually very long term investments so I might be the wrong person to ask about GOOG.

Also, I worked in the search engine business for many years and friends of mine work at GOOG on the development side. It's a world class company, just not such a great investment today.