As the technology market booms with innovation and new products, technology stocks become more and more desirable to investors.
One such example is Google stock. The Google stock price has performed well throughout the company’s history and is continuing strong today.
Investors who like to put their money in tech related stocks often compare the Google stock price to that of other technology giants such as Apple and Amazon.
One of our favorite things to do is look at how a stock has performed over its lifetime. Though you may not have been an early investor in Google stock, its impressive performance in the stock market over the years can help you see how consistently successful it has been.
So, what would have happened if you had been an early investor in Google stock?
In 2007 when Google launched its IPO, the Google stock price sat at $85. Let’s do a little math. If you had invested $1000 in Google stock in 2007, today, it would be worth over $21,000. That’s a significant increase. In fact, that’s a gain of 1,780%.
If you’re looking for a stock with strong, continuous growth, you can stop looking when you find Google stock.
In 2014, Google decided to split their stock. Shareholders of Google stock received an additional non-voting share for each share of Google stock they owned.
Most investors believe this was a ploy to keep the company relevant in the face of the impending Facebook IPO. And, it worked. Investors have remained interested in the company.
So much so that the Google stock price hit a new milestone over the summer of 2018. And, it rose more than 30% throughout 2018.
The Google stock price today is over $900 a share, making it pretty pricey for an individual investor. But, if you can afford the price, the future looks promising for this technology stock.
Though the majority of the public knows the company as Google, it actually got a new official name in 2015. Google strategically restructured their business to bring their side projects and their search engine under one umbrella.
The new parent company is known as Alphabet. The parent company Alphabet owns multiple subsidiary companies, including Google.
Google is known for working on many different side projects at a time. Those projects include everything from driverless cars to glucose-sensing contact lenses.
And, don’t worry, if you’re interested in the Google stock price and investing in Google, you’re getting the benefit of all these side businesses. When we say Google stock price, we’re referring to the ticker GOOGL, which refers to the parent company Alphabet.
One key thing for those interested in Google stock to remember is that part of the company’s success story is its ability to diversify.
Google may be the world’s largest search engine and one of the most recognizable brands, but it also doesn’t wait around for the next big thing.
As you can see from their various side projects, Google isn’t afraid to experiment, innovate, and try new things. A company that does that is one that you want to invest in.
If you’re interested in investing in Google stock, you might also be interested in other technology stocks which perform similarly, such as BABA stock.
In stock market news today, April 23, 2015, U.S. stock futures forecasted a 21-point decline from Wednesday's close.
The DJIA slid 60 points as corporate earnings continue to show the effects of a strong U.S. dollar. The dollar has surged more than 9% year to date and punished companies with a broad international focus and reliance on overseas sales. The Nasdaq moved 19 points higher on news of a proposed biotech merger.
Here's what's in focus today as earnings reports continue to roll in...
"Contrary to what the rest of the world believes, Google earnings are all but irrelevant except in the very short term."
Money Morning Chief Investment Strategist Keith Fitz-Gerald knows Google Inc. (Nasdaq: GOOG, GOOGL) well. He has followed the tech giant since its founding in 1998. Just last week, Fitz-Gerald notched a successful prediction he'd made years ago when the EU filed antitrust charges against Google on April 15.
The European Commission filed formal antitrust charges against Google Inc. (Nasdaq: GOOG, GOOGL) on Wednesday.
But a Google antitrust lawsuit in Europe has been fermenting for years.
Tech M&A deals are so commonplace now they often come and go with little fanfare. Apple Inc. (Nasdaq: AAPL) alone has acquired 44 companies since 2000. Google Inc. (Nasdaq: GOOG, GOOGL) has gobbled up more than three times that, with 144 buys in the last 15 years.
These deals are actually changing our lives - perhaps more than we realize. For instance, Google bought mobile software Android in 2005. Now, Android smartphones account for 78.4% of global market share. There are 76 million Android users in the U.S. alone.
Here are five charts that show the recent M&A deals from American tech sweethearts Apple, Facebook, Amazon, Yahoo!, and Google.
In another year or two, chances are some of these buys will have changed the way we live...
Where "the herd" sees doom and gloom, we see profit opportunity. And today we're going to show you a piggybank investment that will make you huge profits.
In fact, this stock represents an opportunity to create the kind of wealth that you'll be able to pass along to future generations.
Here's our pick and how "piggyback investing" works...
U.S. stock futures for Thursday, April 9, forecasted a 4-point gain from yesterday's close. The DJIA Index added 27 points on Wednesday following a busy day of earnings reports and the release of minutes from the Federal Open Market Committee (FOMC) meeting in March.
Google Inc. (Nasdaq: GOOG, GOOGL) has been making headlines lately for its creative responses to the media. The tech giant has everyone in stitches.
Except for The Wall Street Journal and The Daily Dot, that is.
Here's the hilarious way Google's been handling the media's latest hoopla.
Good morning! Stock futures today (Friday, March 27) forecasted a 10-point retreat from yesterday's close. On Thursday, The DJIA managed to bounce back from early triple-digit losses but still closed down 39 points, notching its fourth consecutive drop.
This morning, it's all about fourth-quarter GDP. The U.S. Commerce Department will release its final estimate on GDP for the last quarter of 2014. Economists expect the final level to tick up to 2.4% growth over the quarter.
Google Inc.'s (Nasdaq: GOOG) plan to merge its European operations might look like a defensive pullback, but it's really a potential buying opportunity. In fact, Money Morning's Defense and Tech Specialist Michael Robinson thinks the stock could soar 50% over the next three and a half years.
The search giant said on February 25 that it would merge its two European divisions.
Google stock is one of our favorite tech plays. It got even better with the Feb. 23 announcement that Google will purchase the mobile payment company Softcard (formerly known as Isis).
Essentially, the search engine company is buying Softcard's technology to use as Google Wallet.
The purchase also guarantees pre-installment of Google Wallet on all Verizon Communication Inc. (NYSE: VZ), T-Mobile US Inc. (NYSE: PCS), and AT&T Inc. (NYSE: T) Android phones in the United States starting later this year.
Money Morning's Tech Specialist Michael Robinson was spot-on with his latest Google Inc. (Nasdaq: GOOG) stock prediction.
The search engine giant is one step closer to tech world domination.
New FAA drone regulations proposed Feb. 15 aren't what tech giants Google Inc. (Nasdaq: GOOG, GOOGL) or Amazon.com Inc. (Nasdaq: AMZN) had hoped for.
"...Once you spend some time looking at them, some of the things proposed would be devastating to the future of the industry," Small UAV Coalition executive director Michael Drobac said to The Wall Street Journal Monday.
Here's what GOOG and AMZN investors need to know...
More than 3 billion people on Earth still have no or poor access to the Internet. Elon Musk wants to build a network of hundreds of low-orbiting satellites that will deliver high-speed, low-cost Internet to the most remote places on Earth.
But he won't be building this "Space Internet" alone. One tech company is already helping him make his dream a reality.
Here's the company poised to reap big gains by helping Musk...
GOOG earnings were released post-market today (Thursday)...
Google Inc. (Nasdaq: GOOG, GOOGL) reported fourth quarter earnings per share (EPS) of $6.88 - $0.20 under projections. Revenue came in at $14.5 billion (16.9% growth year over year), also under expectations by $110 million.
Our advice: ignore the bottom line miss. Ignore chatter about how Google's advertising has lost steam (the average price of Google's digital advertisements fell 3%).
This was one of the most remarkable Q4's in company history - and we'll show you why...
Stock market today, January 29, 2015: U.S. stock futures for Thursday, Jan. 29, forecasted a 33-point gain from yesterday's close. The Dow Jones shed 195 points on Wednesday following a U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.
Today, investors will focus on a busy day of earnings reports that includes quarterly updates from Google Inc. (Nasdaq: GOOG, GOOGL), Amazon.com Inc. (Nasdaq: AMZN), and Alibaba Group Holding Ltd (NYSE: BABA). Additionally stay tuned for earnings reports from these notables: Visa Inc. (NYSE: V), Viacom Inc. (Nasdaq: VIAB), Valero Energy Corp. (NYSE: VLO), Time Warner Cable Inc. (NYSE: TWC), Colgate-Palmolive Co. (NYSE: CL), ConocoPhillips (NYSE: COP), and Abbott Laboratories (NYSE: ABT).
