Can Google Really Hit $1,000?
Feb 21st 2013 5:54PM
Updated Feb 21st 2013 6:55PM
As shares of Google hit an all-time high, and break the $800 per share mark, some investors are getting nervous that the upside has run out. In this video, Motley Fool tech and telecom analyst Andrew Tonner tells us about another strong day for Google and its continued rise, as it receives three analyst upgrades, two of which have said it could hit $1,000. Andrew gives investors some reasons why this price target is entirely within Google's reach.
As one of the most dominant Internet companies ever, Google has made a habit of driving strong returns for its shareholders. However, like many other web companies, it's also struggling to adapt to an increasingly mobile world. Despite gaining an enviable lead with its Android operating system, the market isn't sold. That's why it's more important than ever to understand each piece of Google's sprawling empire. In The Motley Fool's new premium research report on Google, we break down the risks and potential rewards for Google investors. Simply click here now to unlock your copy of this invaluable resource, and you'll receive a bonus year's worth of key updates and expert guidance as news continues to develop.
The article Can Google Really Hit $1,000? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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