Friday, October 21, 2005

Google's Stock is Going Higher

The stock market is a very difficult "game." But if I have ever seen a "sure thing" for a stock, it would be Google (GOOG).

3% of Advertising dollars is spent online
15% of People's time is spent online

Not until the adverting dollars equal the amount of time people spend online is when this stock stops growing as quickly. Most stocks always find a way to grow, but Google won't have to struggle to find new areas of growth for a while.

Think about this... Coca Cola didn't have to introduce another product (Fanta) until 20 years after their IPO in 1919

Google is still so young and has plenty of price appreciation ahead.

Note: I am long Google


Post a Comment

<< Home