LONG GOOGLEGoogle, has been facing antitrust allegations from multiple parties and the share price has dropped from July peaks, by about 14%.
There is an earnings date coming up on October 22nd.
The stock is currently downward trending and will likely drift lower over the next week, presenting an opportunity to purchase Google stock at a lower price.
The long term trend of google, as indicated by the trend line is still overwhelmingly on the rise, it is worthwhile watching the anti-trust case closely but it's doubtful this will present any significant challenge to the tech giant in the long run if you are willing to hold it even for 6 months.
A thought to purchase at a discount could involve selling a cash secured put in order to earn premium on selling the put. In the case that you get exercised, you can purchase 100 shares and reduce your cost base at the same time. Risk to reward ratio seems solid on this idea.
