Google Marches On

Tags: GOOG, MSFT, Google, Microsoft, MSFT
6 Nov 3:09am
Posted by flaljee
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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.

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flaljee

StocksandBlogs.com provides stock tips, equity research and markets commentary. This blog gives you money making investment ideas that can be applied to your financial portfolio, whether you are a long-term investor or looking for a quick trade. From Wall Street to Walmart, Investing to Intel and Commodities to Coffee, you will find it all here. My name is Faisal Laljee and you can email me anytime. To check how my stock picks have panned out, check out my performance using Performance Tracker. Disclaimer: The stock picks and trades listed on this blog are for educational purpose only. You should do your own research before making a trade. This blog, its affiliates, partners or authors are not responsible or liable for any losses you might sustain from the opinions stated.

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