Candlestick Trading Blog

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Google stock price exceeded $500 for the first time as reflected in the Wall Street News. Google, founded just 9 years ago, now has a market value of almost $175 billion. The Google stock price has increased by more than six-fold from its initial public offering price of $85 in August 2004. The shares topped $100 on their first day of trading on the Nasdaq Stock Market, then crossed $200 in less than three months. The stock broke through $300 another seven months later in June 2005 and then breached $400 on Nov. 17 last year.

Most analysts still believe the  Google stock price is reasonably priced because of the rapid growth that is expected to propel the company's profit well beyond $2 billion this year. Some analysts believe Google stock price will hit $600 within the next year, this up from $106 million in 2003. Analysts, on average, predict Google will have $13.70 earnings per share next year, leaving the company's price-to-earnings ratio at about 37. By comparison, the price-to-earnings of Microsoft Corp. - the world's most prized technology company with a market value of nearly $300 billion - is about 21, based on analyst's 2007 earnings projections.

Be mindful, however, that anyone waiting for stock splits before investing at the current Google stock price, risks being left on the sidelines. Although most publicly held companies regularly split their stock to create lower earnings per share. That appeals to more main stream investors. The proudly unconventional Page and Brin have repeatedly indicated they have no intention of resorting to that maneuver.

Google stocks are currently the most talked about in the stock market and are commonly referred to as GOOG. Many websites out have currently updated prices and quotes (stock market predictions on where Google stock price is the heading) but Google itself has its own regularly updated webpage.

Most are puzzled at how Google has so many supporters worldwide, but it’s actually easy to understand why the Google stock price seems to be doing so well. It’s a widely known fact that Google stocks have virtually no chance of ever not having value and its reliability has its trustees knowing that long term investing will pay off. Even though it may falter at times, that doesn't last for long. The latest run-up in Google stock price represents a turnaround from a little over a month ago when the shares briefly dipped below $500 amid the stock market turmoil triggered by a home mortgage meltdown that raised fears about a recession. Those worries have lessened because of the Federal Reserve Bank's decision to lower short-term interest rates by 0.5 percentage point in a move expected to free up more money for consumers and businesses to spend.

Interested in jumping on the band wagon at this Google Stock Price?  You must know the stock market basics and also know that there are two types of stock.

Two Types of Stock: Preferred Stocks have less rights than Common Stocks with one major difference. Companies with Preferred stocks tend to give out monthly dividends. It also has first rights on the stock dividends over the Common Stocks.  Common Stocks are the ones held by the public and gives you rights to stock dividends and voting too. Holding a stock gives you a piece of the said company. You have the right to vote on members of the board of directors and other important matters before the company. If the company distributes profits you are entitled to a piece. If the company you hold stock in loses all of its money or must pay out more money than it has; the holder of the stock is not liable in any way.

In summary, getting in at this Google Stock Price will remain a heated topic of discussion among money managers.