I’m one of those poor souls that can’t afford to buy Google’s shares and believe me I’m kicking myself for being one. Especially, after reading this report from New York Times.
2007 was a great year for technology funds with returns over 17% and it could be even better in 2008. Especially, Google’s shares could make a huge difference in your portfolio. To give you an idea, a single share from Google will cost you $690 as of now. It is expected to go up to a whopping $900 this year, making it one of the costliest stocks in the market. Wait; why is this blog suddenly turning into a stock market blog? There’s a reason, a pretty good one.
Google’s entry into the mobile advertising industry has put it in a much better position than before. Industry experts say that if a mobile user does a Google search on his mobile phone, just once a week, it could mean huge money for Google, adding up to its revenues. Just imagine, if the mobile user uses Google search just once a week, it could have that big an impact on its revenue. I’m sure as hell that the number of searches per user could be a LOT more than that. Imagine the kind of revenue Google can make and the kind of growth its stock can have. Now, you understand why I’m kicking myself for not having bought a Google share; right? What about you?
Tags: Google, Google search, google share, mobile advertising, New York Times, stock, technology funds
Technorati Tags: Google, Google search, google share, mobile advertising, New York Times, stock, technology funds
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Categories: Google.
Wow, thats great for whoever owns some of the shares isn’t it?
Krishnan
Yep it is. And unfortunately I don’t own one.