The arrival of the google stocks
As the title suggests, this article discusses google stocks. The stocks market is really huge. Google stock has done well over the years. Let’s dive into critical information about NASDAQ GOOG. In 1998 the company was formed by Sergey Brin and Larry. Google specializes in artificial intelligence,software’s, applications, etc. Alongside it is into the stock market as well. Google is a giant company in the world of the stock market. Let’s rewind a little bit. In 2004,the company held its first initial public offering.
In the first year, the company witnessed a good amount of profit. This created a lot of stir. As per the attributions, in the year 2004, the 19,605,052 shares were offered to buy. The cost per share is $85. There was a hike in the shares as the company capitalized really well in the forts year of the auctions itself. Since then, this has been a ritual to buy and sell the google shares. In 2004, Google made $23 billion.
The latest hike in the stocks of google
We have above mentioned the arrival of the Google stocks. In the year 2020. The duration has complete changes. You must be wondering, is it safe to invest money. As per the charts, the performance has been good. At present, the current number of stocks is 1,772.26. The number of stocks has been steadily increasing in the past few years. Google has been giving tough competition to other companies.
Compared to the last year this year the company witnessed a hike. 30% of the stock has risen. This has gained a lot of prominences. Amazon has been finding tough competition from other companies. In the past three years, the price of the stocks has increased upto 85%.
Why invest in Google stocks?
As per the predictions, google stocks holds a very bright future. Looking at the consistent performance of the stocks, it makes sense to invest in the stocks. In the last three year, the stocks have risen up to 85% per cent. The demand for stocks has been increasing steadily. In the next three to five years, the stocks will increase. The apple and the amazon stocks will be overtaken by Google. There is a larger probability of earning a profit. In the year 2025, the stocks will be at 2410.710. The investment of $100 might increase upto $136. The 36$ will increase in the next five years. There are predictions about the stock in the next five years. We hope this article will help you out with the purpose. You can check more information like income statement at https://www.webull.com/income-statement/nasdaq-goog.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.