4 Stocks That May Hit $1,000 Before Google

Google (NASDAQ: GOOGL  ) shares hit fresh all-time highs this week, busting through the $800 barrier along the way.

Some analysts thinks that things will get even better for the dot-com bellwether. Bernstein Research analyst Carlos Kirjner and CLSA Asia-Pacific Markets analyst James Lee are raising their price targets on Google shares to $1,000.

It's a big number, even if only represents a 25% pop from here to get there.

There are just two stateside companies that currently trade for more than $1,000. Will Google make three?

Well, what if Big G isn't the next company to break into four digits? Don't get me wrong. I'm a big fan of Google. It's the undisputed global champ when it comes to online advertising. As big as Google may be, it's still growing at an astounding clip. Revenue soared 36% in its latest quarter!

Sure, a good chunk of that came from the Motorola Mobility acquisition, but even if you back that out, the online titan still grew its revenue 22% during the holiday quarter.

However, there are also plenty of other companies trading in the triple digits that may have their eyes set on the $1,000 finish line. Let's look at a few that may -- if things go right -- beat Google to 1k.

Apple (NASDAQ: AAPL  )  -- $448.85
If analysts scrambling to slap four-figure price targets on Google sounds familiar, it's because a couple of Wall Street pros were doing the same thing to Apple when it was topping $700 late last year.

The good times didn't last. Apple has come through with a few disappointing quarters, and the fear these days is that Google's Android is eating Apple's lunch.

Apple's future will be challenging, especially as it tries to make its high-priced products more accessible to mainstream audiences worldwide. The market has marked down the shares as a result of declining margins and slowing growth, but the market can't forget that Apple is an innovator. The iPad and iPhone -- two product lines that account for the lion's share of Apple's revenue and profitability these days -- didn't even exist six years ago. When Apple disrupts again, and it will, the market will reward the stakeholders.

NVR (NYSE: NVR  )  -- $980
Okay, I'm cheating on this one. The homebuilder actually broke through $1,000 last month, staying there until it closed below that mark yesterday.

NVR has never traded this high, even during the sudsy real estate bubble days several years ago. The new highs are well earned. Unlike most of its lesser peers, NVR has been able to remain profitable during the downturn. It only posted a single deficit -- during the fourth quarter of 2008 -- as it rolled through the darkest days of residential real estate.

NVR's conservative approach has paid off. Revenue and earnings bounced back last year, and the good times should continue. Analysts see revenue climbing 34% this year and another 18% come 2014. At $1,000, NVR would only be fetching 13 times next year's projected profitability, and that's a solid foundation to build on.

priceline.com (NASDAQ: PCLN  )  -- $688.20
The "name your own price" online travel portal has been a big winner over the years. Priceline also owns other travel websites, making it a global force.

Europe is a big market for Priceline, and the sovereign debt crisis there has weighed on Priceline's potential. As the global economy improves and the world begins to embrace leisure and corporate travel again with aplomb, Priceline will be there to lead the way.

Priceline reports next week. You have to go all the way back to the first quarter of 2006 to find the last time that the e-travel leader didn't beat analyst profit forecasts.

Do the math. Take the flight.

Baidu (NASDAQ: BIDU  )  -- $88.45
There are 180 stocks trading above $100. Did I really have to dig into the double digits for a fourth challenger to the $1,000 finish line? Yes.

Baidu is volatile. China's leading search engine has been known to go on tears. In fact, it would've beaten all four of the companies mentioned earlier to $1,000 three years ago if it hadn't executed a 10-for-1 stock split.

Yes, Baidu at $1,000 would push its earnings multiple past 100, but it will be an easier feat to manage if China's online economy improves at a heartier pace than the market is expecting.

There's an argument to be made that Baidu is wasted here. If things are going that well for Baidu, then surely Google will also be doing well. However, Baidu is a concentrated bet on the world's most populous nation. China is still early in its online migration, and its economy is growing at a much faster clip than that of the balance of the planet.

Either way, no matter which company hits $1,000 first, it probably bears pointing out that four figures isn't a finish line. It's really just a new starting line.

Curious investors, start here
Regardless of your short-term view on the Chinese economy, there may be opportunity in Baidu (aka the "Chinese Google"). Our premium report breaks down the dominant Chinese search provider's strengths and weaknesses to help you make your investment decision wisely. Just click here to access it now.


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  • Report this Comment On February 22, 2013, at 1:23 PM, nimbletrader wrote:

    Baidu $1000? Are you serious? That would put it at a market cap of about $350B? And before Google? You got be dreaming. But you have succeeded in getting me to make a comment.

  • Report this Comment On February 24, 2013, at 4:27 PM, PK77 wrote:

    BIDU hit 1000 2 years ago, adjusted for the 1:10 split!

  • Report this Comment On February 25, 2013, at 7:41 PM, JBaker99 wrote:

    increasingly, these kind of Motley Fool articles are useless. Flashy headlines, and then no substance. Just a come on to sell you something else. So disappointing.

  • Report this Comment On February 25, 2013, at 7:49 PM, dwilh51183 wrote:

    I'LL PICK AAPL

  • Report this Comment On February 25, 2013, at 8:32 PM, tomd728 wrote:

    And Baidu may very well vanish...After all this is China and I would not trust that crew with an empty wallet.

  • Report this Comment On February 25, 2013, at 8:36 PM, mrwajones wrote:

    So what the hell is it, one email pumps this stock the next says avoid????? I won't be renewing my fool membership, so aptly named!

  • Report this Comment On February 25, 2013, at 8:39 PM, TMFUltraLong wrote:

    Rick,

    I've got three completely different horses for you...

    http://www.fool.com/investing/general/2012/05/03/these-3-sto...

    =)

    TMFUltraLong

  • Report this Comment On February 26, 2013, at 12:51 AM, porchguy wrote:

    Once again an article written by a Fool Contributor that has "NO" stake in any of the company's he's talking about.

    On the other hand as usual the "FOOL" does have a stake in most companies ever mentioned in these articles written by dreamers.

    And one more thing. The "FOOLS" policy of keeping stocks forever, doesn't always work.

    After holding onto "Activision" for a couple years with the up and down movements and no profit, last year I started buying blocks of it everytime it went below $11 a share. Ended up with over $3000 shares. Sold 2500 shares, got all my money back and still have 500 "FREE" shares.

    Also, did that with "FORD", "BOFA"', and "AIG" a few years ago. I think I'll stick with my method when stocks get stagnet and don't make a move for a couple years.

    Why hold a stock for 5 years, make nothing off it, when you can buy a few shares on every dip and make some money instead of just leaving it set there for 5 years and make nothing.

    Don't get me wrong. I've made money on the Fools Funds and a couple of the stocks they've recommended, but the only reason David or Tom are up and that is because they have a ton of money to put into a ton of stocks.

    They always tell you how they're up, But lets see one of their newsletters that lists all there recommendations showing the tons of losers they have.

    Give me the money they have to invest and the law of averages will work in a positive advantage for me also.

    They are like stockbrokers. A stockbroker makes money when you buy or sell. The Motley Fool makes tons of money in all the different subscriptions to all there yearly publications they want to sell you.

    Great gimmick line where they always say, Open for a short time only and only taking a few new investors. Then you keep getting emails from them wanting you to join for the next 20 days.

    The only reason I stay subscribed to the Stock Advisor is it does pay for itself through there funds.

  • Report this Comment On February 26, 2013, at 10:34 PM, Truth2Power wrote:

    Porchguy, I'm glad you found a strategy that works for you. Regarding ATVI, I too have been disappointed (and somewhat mystified) by their performance...or lack thereof. And your strategy of "buying on the dips" is a good one. I, however, am still a "buy and hold" guy.

  • Report this Comment On February 28, 2013, at 7:23 AM, mikecart1 wrote:

    Not sure why hitting $1000/share matters. Share price means very little and comparing share prices among different companies makes little sense.

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