5 Tech Companies Surviving the Bear

Stock #4: Google (GOOG)

Traditional media companies have been huge losers during this recession. That is not the case with respect to the Internet. If anything, the World Wide Web has proven its mettle during these tough times.

Leading the charge is search engine king, Google (GOOG). At a time when other search players, mainly Yahoo (YHOO), flounder, GOOG has reinforced its leadership in search. In addition, the company is planning aggressive moves against software giant Microsoft (MSFT) as evidenced by its Chrome operating system.

The market, though, was not impressed having sliced 50% off GOOG’s market value over the last year. Shares now trade for just 14 times forward earnings. 20% future growth during stable economic conditions is not out of the question. GOOG is huge, and its markets are even bigger especially if able to make inroads in the software market. GOOG should not only survive the bear, they will thrive once the bear is slain.

Next: Stock #5 – Apple