Their stock keeps shooting up like a rocket. And they are only a search engine yet Google is worth more than GM, Ford, and Chrysler combined. And Google will never pay dividends.
Why is Google worth so much?
Is Google going to become the most valuable company on Earth?
Valuations on stock in simple terms is based on " p/e ratio" which is your price of shares/ earnings per share * projected growth in earings. As long as their is evidence or the market believes that google will continue to have increased earings, the stock price will climb. I believe that the new target on google now is $700 a sh. I personally dont no how long they can continue to climb b/c at some point you would think that they will get competition.
Reply:perrrrhaps
i dont care much!
haaaah
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