Google Still A Growth Stock? Search, Forex Shifts Hit

By | April 10, 2015

Scalper1 News

Google (GOOGL) will feel the impact of greater negative foreign exchange trends when the search leader reports Q1 earnings later this month, according to an industry report. “Google’s Q4 2014 total gross revenue was up 15% year over year . .. but would have been up 18% year over year excluding the negative foreign exchange impact,” wrote Rosenblatt Securities analyst Martin Pyykkonen in an industry note on Friday. He added: “The euro weakened Scalper1 News

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