Is Google a Winner Over the Next 9 Years?
This week marked a historic anniversary in the world of tech investing -- the Google IPO. It was only nine years ago that the search giant made its debut on public markets to fanfare and investor enthusiasm, perhaps rivaled only by Facebook's IPO in 2011. And while many investors at the time decried Google's sky-high valuations, the company has gone on to grow its share price from $85 to north of $850.
Fast-forward to today, and Google has only increased its importance to the global tech landscape. It's now the third largest publicly traded company, and its Android mobile operating system looks to become the new face of mobile computing around the world. So putting Google in this context, will its next nine years be as successful as its past nine? In this video, tech and telecom analyst Andrew Tonner gives his outlook on Google over the long term and tells us why he believes it's still a great buy today.
While Google's valuation in the hundred of billions is mind-blowing, the company finds itself on the cusp a trillion-dollar revolution in mobile. However, it faces competition from nearly every tech giant out there. To find out which of these giants is set to dominate the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate and give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!
The article Is Google a Winner Over the Next 9 Years? originally appeared on Fool.com.Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.