Google has once again dazzled Wall Street, closing for the first time over $500 and continuing to rise in after-hours trading. Once upon a time Google went public with an IPO priced at $85 a share, how quaint!
Is the Google magic indefatiguable? Is there still time to catch the Google stock wave? OR
Is Google's unprecedented growth rate destined to slow, as Google itself must acknowledge in its SEC filings:
Our business has grown rapidly since inception, resulting in substanitially increased revenues, and we expect that our business wil continue to grow. However, our revenue growth rate has generally declined over time, and we expect it will continue to do so as a result of increasing competition and the difficulty of maintaining growth rates as our revenues increase to higher leverls.
Is $500 a Google stock tipping point or is the sky (cloud) the limit? TAKE THE POLL!