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Google shares have punched $ 500 and growing further

As seen on the stock exchange charts for yesterday, the maximum quotes for the GOOG ticker were fixed at $ 510. Today's exchange session has not yet opened, so it is difficult to say whether the rate will roll back due to the correction or whether it will go up again.

One way or another, but the level of half a thousand dollars per share is a record and, without exaggeration, a phenomenal achievement. Recall that with the initial issue of shares in August 2004, their rate was only $ 85. A few months later, the course has doubled, and now Google has already come in second place in terms of capitalization in the list of the largest IT companies in the world, second only to Microsoft. Among all American companies, including oil and retail giants, Google has moved into 14th place.

Yesterday, Google’s market capitalization rose to $ 156 billion. However, this is still very far from Microsoft , whose shares also jumped sharply on Monday after analysts at Credit Suisse greatly increased Microsoft’s rating, based on very favorable forecasts for two key products: the player Zune and Vista operating system. Thus, the market capitalization of Microsoft has grown to $ 294 billion. This is almost two times more than the main competitor.

However, by the number of millionaire shareholders, Google probably could be compared to Microsoft, because the growth rate of Google shares is now much higher than that of Microsoft, therefore, it is much easier to make money on them. To earn a million dollars on Google options, it was enough to have a modest capital of about a thousand dollars two years ago. For those who have managed to earn in this way (how to do it - Victor Lavrenko explains in detail ), Google has become a source of life's well-being.
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Most importantly, Google’s growth may well continue at the same pace as before. At least, the company behaves as if it does not intend to stop there. In two years, she increased the number of employees four times to 9,000 people and continues to recruit 100 people a week to fill vacancies in 40 offices in 20 countries. Last year, the HR department processed more than a million resumes. The best of the best go to work at Google, including doctoral holders from leading universities in the world.

The company invests billions of dollars in research, laying a powerful foundation for future growth. This year, Google’s earnings are expected to reach a record $ 2.8 billion with a revenue of $ 10 billion.

In the general ocean of euphoria about Google, the voices of a few skeptics are drowning, who remind that Yahoo's capitalization in January 2000 also rose to a record $ 150 billion - the same figure. No one wants to remember what happened next.

Source: https://habr.com/ru/post/4708/


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