Getting The Best Google Stock Price
July 29th, 2009
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.
That time the market was not ready to the idea that an online companies could be very valuable. Google’s value was intellectual property instead of real property.
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.
The initial climb was the most impressive as the Google stock price rose to over $100 in the first day, and then doubled within the next three months.
Analysts still debate the value of the company but it is more 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.
You can find Google’s up to date stock price at any time by searching using company’s symbol “GOOG”. Not only Goog, there you will also see Nasdaq futures.
It is also important to note that there are two types of Google stock, Preferred and Common. Preferred stock prices are traditionally higher because these stock holders are paid dividends before dividends are distributed to all the common stock holders. Both types have voting rights.
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