Getting The Best Google Stock Price
March 15th, 2010 by Anne Durrell | No Comments | Filed in Wealth BuildingIn August 2004, Google stock prices started out at only $85 per share. That time many analysts debated whether or not Google was really worth it.
That time the market was not ready to the idea that online companies could be very valuable. Google’s value was intellectual property instead of real property.
Long story short, there is absolutely no reason to debate about this anymore, since Google stock price is 5 times its initial value and 5 years later the company has the market value of $175 billion dollars.
Do you know that google stock price rose to over $100 on their very first day hit the market and then doubled within 3 months after that.
Now that analyst debate on different things on Google company, they debate on a matter of how much more it will grow and how quickly.
It is clear that early growth of Google company was really not realistic and not sustainable, but it’s been the past few years their stocks has settled into more traditional growth pattern with the exception of today’s recession which has been hit the entire sector and marketplace.
No stock comes with a guarantee, but investors have shown that they are confident that Google is a solid, reliable company that is not likely to significantly lose value, at least not relative to the market as a whole.
You can find Google’s up to date stock price at any time by searching using company’s symbol “GOOG”.
It is also important to note that there are two types of Google stock, Preferred and Common. Preferred stock prices are traditionally higher because these stock holders are paid dividends before dividends are distributed to all the common stock holders. Both types have voting rights.
Anne Durrell comes from California, USA. She has written several articles on online trading . You may want to check out her other guide on stock market ticker tips, and after hours stock trading guide!
Tags: Business, currency trading, day trading, investing, marketing, personal finance, small business, Wealth Building
