Google 2005
2005 was a good year, a very good year for Google’s stock. The stock closed 2004 at $192.79 and finished 2005 at $414.86, up 115% for the year.
What lies ahead is anyone’s guess. The one thing I am willing to bet on is that the stock price will move. Given the expected growth rates for internet usage and Google’s ability to innovate, I don’t see any reason to not expect favorable price movement for this stock. That’s not to say I’m certain GOOG will see higher prices, it is a possibility that I have placed money on.
I will continue to vote with my dollars for a higher stock price until such time that the stock price (and not what people say) indicates that is not the likely direction.
