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
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
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