Is Google The Buy Of The Summer? – MarketBeat

It’s been an unpredictable kind of year for most tech companies, and known to many as (), is no exception. The search engine behemoth managed to tag an all-time high this past February but has fallen as much as 30% in the six months since. Rising interest rates, and recession fears have combined to hurt even the , but there are more than a few signs starting to suggest that a turnaround is on the cards.

For starters, the California-headquartered company released fresh earnings this week that gave investors plenty to think about. While both the revenue and EPS prints missed what analysts had been expecting, the feeling was they hadn’t been as bad as many thought they would be in the aftermath of Snap’s () results. The latter reported dismal numbers last week, to the extent that many thought Google’s numbers would be far worse than what was forecasted. But thankfully for investors, this wasn’t the case.

Investors getting involved around here have a very clear support line at the…

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