Google Keeps Investing Prudently
Google’s return on capital for projects are likely to be lower than in the past, but the firm remains a solid core holding, says Morningstar's Rick Summer.
Jeremy Glaser: For Morningstar I'm Jeremy Glaser. Google earnings missed consensus estimates as expenses rose slightly faster than many had expected. I am here today with Rick Summer. He's our equity strategist for the technology sector. And we are going to get his take on the quarter.
Rick, thanks for joining me today.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.