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Google stocks undervalued: Barron's

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CIOL Bureau
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NEW YORK, USA: Google Inc shares are undervalued, considering the internet company's robust cash flow and the absence of debt, Barron's wrote in its May 10 edition.

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Google's shares, which fell to 1.1 percent to $493.14 on the Nasdaq Stock Market on Friday, are worth 17.9 times 2010 earnings per share, below that of Yahoo Inc price-earnings valuation of 24, the financial weekly wrote.

Its enterprise value fell to 11 times its cash flow, its lowest point since the depths of the credit crisis, Barron's wrote



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