The following video is from Friday's edition of Investor Beat, in which host Chris Hill, and Motley Fool analysts Ron Gross and Charly Travers, dissect the hardest-hitting investing stories of the day.
Shares of Google rocketed upward by more than 12% today, after the company reported very strong third-quarter earnings. The jump brought shares of the tech mega-giant to a new all-time high, breaking the $1,000 per share mark for the first time in the company's history. In the lead story on today's Investor Beat, Ron and Charly discuss Google's earnings, why they still like the stock even above $1,000, and whether or not Google's competitors should just pack it up and go home.
Then, the guys discuss three stocks that they'll be watching closely as earnings season rolls on. Shares of Chipotle Mexican Grill jumped to a new all-time high today, on news that the company's third-quarter profits rose 15%, with same-store sales up 6%. Ron and Charly discuss the growth story with Chipotle, and whether or not they think it's a buy today. They also tell investors why they'll be keeping a close eye on shares of Caterpillar and American Eagle Outfitters.
Charly Travers has no position in any stocks mentioned. Chris Hill owns shares of Chipotle Mexican Grill. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Chipotle Mexican Grill and Google. The Motley Fool owns shares of Chipotle Mexican Grill and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.