Google: As Bullish As Ever
by Capital Traders Group
Even after soaring above $800 over the past year, Google (GOOG) is set to continue its upward trend. First of all, the company has a lot of potential as a long term investment. Its share price has had a 212.89% gain since it bottomed out in November 2008. Additionally, the company has experienced very strong short term gains. The charts below detail the revenue/sales over the past two years and the history of the share price since 2008. Google's revenue significantly increased during every quarter of 2012 compared to where it was a year before. Its sales estimates also show significant increases, such as the mean estimate for Year Ending Dec-13, which is a change of 145.5% compared to the previous year. These large gains are not going to disappear anytime soon, either. Google's various services and products are continuing to grow and become even more profitable. read more »
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