1. Google Inc. (GOOG) US$745.1 BUY
2. Wells Fargo Financial (WFC) US$41.1 STRONG BUY
3. General Electric (GE) US$19.7 BUY
4. American Express (AXP) US$48.6 HOLD
5. Walt’s Disney (DIS) US$36.99 HOLD
- Google’s price fall $30 this week because Europe is investigating whether its searching engine has anti-trust issue. Currently, with 80% market share in Europe, Google for sure dominant the online search market. It is fine if it is because of customers loyalty, it will be charged if it is because Google give favor to sponsor link and set barriers to other website / competitors. In the past, Microsoft had lawsuit with the Europe Commission for years and end up settled the $2.0B fine. Intel also being charged $1.4B in 2009 by EU. To me, those lawsuit can be settled by fine while Google’s dominate position will not change.
- Did anyone of u watch Disney’s Tangled? It is a fun to watch movie, the characters are more human (instead of black & white) with great music & storyline.
- November interest rate move up, I think is time to invest more on insurance company and reduce investment on government & corporate bonds
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