Unstoppable Google

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As many stocks as I trade, and as many positions as I have, one of the few stocks I have hardly ever touched in my life is Google. It’s odd, too, since I have a closer relationship to the company than most. My own startup, Prophet, was funded by the same fellow who gave Google their initial investment (Andy Bechtolsheim), and a lot of my friends have worked, or continue to work, at Google.

The stock chart itself has never really grabbed my attention; it’s sort of the blue chip of technology stocks, and today it is showing its colors well as it pushes to another lifetime high.

All the jawboning about which stock would reach $1,000/share first (Apple? Amazon? Google?) will, I think, be answered this year. This is a phenomenal company and, in my opinion, a very positive monopoly. There is very little in their corporate history they haven’t done well, and unlike so many other tech firms, they’ve never really gone through a big rough patch. In short, they seem to almost always nail whatever goals they have, and I suspect they’ll continue to do so.

0506-GOOG