Google Stock Finally Rising

Google’s stock might be finally hitting a sunny patch, having risen $70 in the last six weeks and reaching a new all-time high. The stock, which used to be talked about as a high-flying stock, has suffered since January of last year, having trouble rising as recently as mid-April, but is now going up in value. The stock hit a new all-time high of $534.99 around 1 pm on Monday, currently enjoying a market cap higher than $164 billion.
Could Google be recovering? Is GOOG finally a good buy? Is it too early to be talking about $600, as this guy is? Seems like the Wall Street consensus is $600 in the next twelve months, which would mean 2007 could actually be an up year for Google’s stock, unlike 2006.

Original post by Nathan Weinberg