Google Inc (GOOG) Stock To Hit $2,000 In 2014?

Google Inc (GOOG) Stock To Hit $2,000 In 2014?
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Google Inc (NASDAQ:GOOG) shares have been on an incredible tear this year, climbing up over $1,100, but will they hit $2,000? Writing on The Street, Rocco Pendola posits that the search giant’s stock will definitely hit that price. In fact, he suggests that this number could be conservative—if and when Google finds another “massive revenue generator” which is definitely distinct from its online search advertising business.

Google dominates in online advertising

Pendola examined Google Inc (NASDAQ:GOOG)’s recent 10-Q filing with the Securities and Exchange Commission. The company tempers its statements because it doesn’t want investors to expect too much in the coming year, particularly in terms of its revenue growth rate, which has declined. Of course this is to be expected, and Google cites “a number of factors.” Included in the company’s list are many items relating to the evolution of the online advertising industry.

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The author points out that Google management is right to prepare investors for what will appear to be a slowdown in growth because it is inevitable in companies like Google which dominate their respective markets. Twitter Inc (NYSE:TWTR) is the new kid on the block, so the percentage of its projected growth rates are massive, particularly compared to Google’s.

Google expands into other industries

He also notes that while Google Inc (NASDAQ:GOOG) does get the lion’s share of its revenue from search advertising, the company is exploring so many other areas that it is bound to come across something that will turn into another extraordinary revenue stream. The company licenses out its Android mobile operating system, has launched its first in-house smartphone, the Moto G (through its Motorola Mobility subsidiary), and continues to work on its wearable computing device Google Glass while dabbling in self-driving cars and other side projects.

But it is these side projects which make Google so interesting. True, the company burns money on so many things that have yet to make it any money, but all the company needs is for one of those side projects to become the next big thing. There’s a good chance we will see this happen because there seems to be no end to the company’s technological exploration. But does that mean the company’s stock will hit $2,000? And if so, when?

What about a stock split?

Last year Google Inc (NASDAQ:GOOG) investors approved the company’s first stock split. Not long after that, some investors sued the company over the plan over concerns about giving the company’s founders too much control. However, this summer Google settled that lawsuit. At the time of the settlement, some were asking if the company’s stock would hit $1,000 before it decided to do a stock split, and of course we now know the answer to that question.

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Michelle Jones is editor-in-chief for and has been with the site since 2012. Previously, she was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Email her at
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  1. Appl is no Goog. Appl has been the greatest disappointment for many investors and most unpredictable stock. Company seems to continuously mislead investors.

  2. The Nexus devices are branded as Nexus, which is a Google brand, and run on pure Google Android, but they are built by a different, unaffiliated company (like LG for the Nexus 5 or Asus for the Nexus 7). The Moto X was the first flagship smartphone introduced by Motorola Mobility after it was purchased by Google.

  3. The Moto G was NOT Google’s first “in-house” smartphone. The Nexus One, Nexus S, Galaxy Nexus, Nexus 4, and Nexus 5 smartphones were all made by Google directly. The Nexus 7 and Nexus 10 tablets were also made by Google before the Moto G. The Moto X was announced and Released by Motorola Mobility before the Moto G. Motorola Mobility is completely independant of Google, Google has even stated that they will not be directly involved with Motorola. If someone wants to write about the stocks of a technology company, please know what you are talking about.

  4. Any time an analyst is predicting extreme targets for a stock, holders should be very weary. There’s a far greater chance the analyst is attempting to spur a little more rise so he/she can bail than there is that a stock will, in this case, gain nearly 900 points.

    We saw the exact same thing with Apple, with predictions of 1,000+ when it was at 700, and we all know what happened shortly thereafter.

    The stock market has become a cesspool of lies, manipulation and misinformation designed to fleece the average American investor for all their worth.

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