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Google Marches On

I have been a long standing bull on Google ever since I fell in love with their search engine, GMail and Google Toolbar. In fact, it was one of my first 5 picks on this blog. I had initally set a price target of $800 for GOOG to be reached by end of 2009. Looks like we will get there this year now. I think if the markets continue their bull run without a significant pull back, Google will hit $900 next year, but it really needs a healthy pause considering it hit $450 this summer.

This company is the first one after Microsoft (MSFT) to have completely changed our lives and with the new mobile phone operating systems and partnerships, the company will surely close the market capitalization gap with Microsoft over the next couple of years.

-- Faisal Laljee
Full Disclosure: I do not currently own GOOG but my position can change anytime without notice.

Published Tuesday, November 06, 2007 8:45 PM by Faisal Laljee
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StocksandBlogs.com
StocksandBlogs.com provides stock tips, equity research and markets commentary. This site will give you investment ideas that you can apply to your financial portfolio. By sharing my money making stock tips and research, I hope I can help you manage your wealth better - whether you are a long-term investor or looking for a quick trade, a bull or a bear. From Wall Street to Walmart, Commodities to Foreign Exchange, you will find it all here. My name is Faisal Laljee and you can email me anytime at flaljee@mail.stocksandblogs.com
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