Google (GOOG) has been a popular stock these days. Recently they have surpassed USD 550.00 per share. Their all time low in the autumn of 2004 was only USD 100.00 per share. That's a 450% increase and it hasn't even been three (3) years. It is quite evident that Google is the number one internet marketing company. They have a larger marketshare than Yahoo! and even good old Microsoft in the web industry. Google is the creme de la creme of the internet and it will forever be. Its website has consistantly been number one in internet traffic according to web traffic analytics company Alexa. People won't stop going to google, since they are simply the best at what they do. Most internet users would tell you they use Google for search and e-mail amongst other things.
So if the bubble keeps expanding, there is potential for Google to be the next Qualcomm. But, what if the bubble pops? There can be a lot to gain, but likewise, a great risk for loss.
All about ADHD
15 years ago
5 comments:
Google is way too overpriced in my perspective. Their P/E ratio is too high.
i love google.
their search engine.
gmail.
and blogger.
GOOG is a volatile stock that some seasoned investors who are close to me dare not to use as long term investment tool. Gone were the days that you can rely on GOOG to keep ascending and ascending, now it's time for a bumpy roller coaster ride.
I recommend you guys to buy BIDU (Baidu) it's chinese SE which is not as overpriced as GOOG. It's better to buy company which can still grow quickly in my opinion
Google is a mature version of the dot coms company which flourished in the late 90's. But GOOG stock price is too expensive for growth investment :(.
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