Google Stock Forecast For 2015 Based On A Predictive Algorithm

Summary

  • Google stock experienced a pullback starting in September 2014, falling 16% since that time.
  • Investors and analysts are concerned about increased competition and stagnant net income growth due googto increasing costs.
  • Google will rebound in 2015, as the negativity facing the stock is old news and many of the concerns facing the company are overblown.
  • I Know First’s algorithm is bullish for Google in the three-month and one-year time horizon.
From an algorithmic perspective, Google's position on the algorithmic charts indicates a strongly bullish signal for the company in the three-month and one-year time horizons; in the short term, of course, this signal may not be as accurate, but this appears to coincide well with the long-term outlook for the company.

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