Google is selling off today in early trading, moving down to the tune of 2 percent. I predicted last week that 541 would be breached and it's happened. Those that have been waiting for another shot at better pricing - today might be a day to add Google to your list.
The question is - might there be more downside to this sell-off and should an investor wait to pull the trigger?
My answer is you shouldn't be looking to buy in one big chunk. Say you were looking to invest 10k dollars into Google. You shouldn't buy all 10k at once. Buy in 2500 dollar chunks over a span of a few trading sessions. Don't try to time the market. That's a fool's errand. Simply try to get decent prices for quality stocks.
Rating = BUY
The question is - might there be more downside to this sell-off and should an investor wait to pull the trigger?
My answer is you shouldn't be looking to buy in one big chunk. Say you were looking to invest 10k dollars into Google. You shouldn't buy all 10k at once. Buy in 2500 dollar chunks over a span of a few trading sessions. Don't try to time the market. That's a fool's errand. Simply try to get decent prices for quality stocks.
Rating = BUY