In the following video, Motley Fool tech and telecom analyst Andrew Tonner looks at analyst price targets surrounding Google this year, some as high as $1,000 per share, which would represent nearly a 100% increase in share price since the company's June lows. Is $1,000 really possible? Andrew tells us why it's difficult for a company of Google's size to show that kind of growth in the short term, but he adds that he's very bullish on Google's long-term prospects.
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.
The article Can Google Hit $1,000 in 2013? originally appeared on Fool.com.
Andrew Tonner has no position in any stocks mentioned. 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.
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