Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is really an undervalued growth story, says a recent research note from Bernstein Research. Bernstein is infatuated with Google for good reason. The firm bestowed on the tech giant its “Best of Bernstein” label, making it a top pick at the firm. Google’s search engine revenue to grow further Bernstein notes that there is still much more growth in search engine revenue, Google’s core business, but it is that core that is being overshadowed by “optionality on promising businesses hiding in the other revenue line,” the report highlighted. Bernstein expects Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) revenue to grow…
Google Inc Undervalued Growth Story Says Bernstein
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.