Jim Cramer places GOOG at $450
In Saturday episode, that involved some chair-throwing and guest appearance by Donald Trump, James Cramer set a $450 price sticker for GOOG:
I believe that Google can earn at least $9 a share in 2006. Based on a 50 times earnings multiple, because of its unmatched growth potential, I now believe the shares can see $450 over the next 12 months.