Google stock: where is it headed?
The wholy grail of business is knowing what company stocks will grow and what will decrease. No surprise, therefore, that investors are worried about how the price of Google stock will change.
Despite the great growth and potential for improvement on the revenues, there are two groups of advisors concerning Google prices. The ones that think that Google is over-hyped, with a price tag much higher than the profits they can make, say that the stock price is headed south.
On the other hand, many analysts think that, given the growth potential, and the quantity of innovations coming out of Google in the last few years, the current price of the stock is still cheap, and it should be somewhere between $500 and $600.
In fact, an analyst has recently said that he expects the price of Google stock to achieve a price as high as $2000 in the near future.
Given that we don't know the future, we can only speculate about the results. But if it depends only on Google there will be a lot of reasons to get bullish. They are quickly advancing over the new area of mobile software and services, and its seems that now they have more offerings in the area than never before.
It Google is right, 2006 will be the year of mobile services, and there is reason to believe that Google will make a huge of money out of it.
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