How far can Google grow?
The mammoth search internet company biggest problem is its continuing dominance of the internet.
Everybody thinks it will continue to expand indefinitely. That of course is clearly impossible as the saturation point of some of it businesses is at hand. Revenues were up more than 100 million dollars from estimates and still the stock lost 5% at the close of the market. It gets very expensive to continue to dominate the internet and high operating costs have taken its toll on Google. This coupled with the fact that Bing is gaining in the search realm slowly but surely is making staying on top all the more difficult. It is a very expensive stock to buy at $460 a share but it wasn’t that long ago the shares were in the 700 range. If people sense a Republican comeback in the fall that will push even Google up. If that doesn’t occur look for debt negotiation services to do well. It won’t be pretty.
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5 days ago