Buying Google Stock Price
Google stock price started out at an initial public offering of just $85 per share in August of 2004. At the time analysts debated whether or not the company was worth it.
So much of Google’s value was intellectual property as opposed to real property and the market was not used to the idea that internet companies could be so valuable.
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 prices 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. Many investors in the Australian stock market also join in this debate.
Obviously the early growth was unrealistic and unsustainable, but over the past few years the company has settled into a more traditional growth pattern with exception of the recession which has been detrimental to the entire tech sector and the entire marketplace.
Many investors has a great confident on Google stocks even though no stocks comes with guarantee, but as a reliable company, Google is not likely to lose value significantly, at least not like any other market as a whole.
The up to date Google stock price can be found at any time by searching using the company’s exchange symbol “GOOG.” Not only Goog, there you will also see Nasdaq futures.
You should know that there are to types of Google stock, that is common and Preferred. Both types have voting rights, only Preferred stocks prices are usually higher because the stocks holders are paid devidends before they are distributed to the common stock holders.
