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Bargain #4: Google (GOOG)
Another must-own company for any portfolio is Google (GOOG). Worries about the recession and the economy have prevented shares of GOOG from rising to appropriate levels that truly reflect its
worth. The stock is on sale.GOOG dominates search and has shown recently that businesses are still spending on advertising on the Internet. With the bang for
the buck being greater in cyberspace, businesses are flocking to GOOG with their ad dollars. And it shows in the companies results.
Imagine where that spending would be in a period of economic prosperity.Don’t wait for that prosperity to find out. Get to your broker and pick up shares of this dominate company. Think about Microsoft
(MSFT) in its heyday. MSFT was the must-own stock in the 1980s. What’s
happening at GOOG is a similar story. In fact, GOOG success is playing a big role in the ultimate demise of MSFT. In the coming years,
look for GOOG to not only dominate search, but to make headway on operating systems and open architecture software directly competing
against MSFT.The
potential for GOOG is quite large, and shares are now selling at a discount to its growth rate.
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