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Google, Fiat Shares Not Getting Enough Respect Says Beckerman Manager


Google shares will move another leg higher once it finally monetizes assets other than search like Android, Chrome and its GMail, said Daniel Beckerman, President of Beckerman Institutional and Covestor portfolio manager. Beckerman added that Google also has nearly a year's worth of sales in cash on its balance sheet, giving it increased flexibility. He is also bullish on shares of Fiat, saying the auto company is undervalued despite strong Chrysler sales in August, up 20%. Finally, Beckerman is positive on Symantec's stock because it is the leader in an explosive space and has sorted out its management issues.