Surfing the web today, I ran into this pretty good article about the Google stock and how it went past the $600 mark. Although I’ve been following the Google share price for about 2 months and when I saw it back about a month ago it was sitting at $490.. (now I’m wishing I had purchased atleast 1 or 2 shares) That would’ve easily made me $220 (which is not bad at all!)
But anyhow, speculations are that the stock will need to climb to about $1000 /share to catch-up to Microsoft’s market capital. I’m not sure if its possible but with all the purchases that Google has been doing in the past couple of months its no wonder the stock is going to get a boost.
So check out what Portfolio’s Editor Jeffrey Cane is talking about…
Link to Original Article @ Portfolio.com
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