1. As of noon trading, Google ( GOOG) is down $6.13 (-0.7%) to $902.40 on average volume Thus far, 1.3 million shares of Google exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $897.61-$911.66 after having opened the day at $908.02 as compared to the previous trading day's close of $908.53. Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $246.5 billion and is part of the internet industry. The company has a P/E ratio of 29.0, above the S&P 500 P/E ratio of 17.7. Shares are up 28.5% year to date as of the close of trading on Monday. TheStreet Ratings rates Google as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Google Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE. If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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