Reviewing Google's Year So Far

By Evan Niu, CFA – Aug 12, 2013 at 9:00PM

NASDAQ: GOOGL

Alphabet

Market Cap

$2,095B

Today's Change

(-0.42%) -$0.71

Current Price

$168.67

Price as of May 9, 2024, 9:47 a.m. ET

The search giant has enjoyed healthy gains so far this year, while certain rivals have lagged the broader market. Google has some challenges, but its core business remains solid, and it has opportunities in several key geographical markets.

Search giant Google (GOOGL -0.42%) continues to flirt with all-time highs of over $900, sparking talk of when Big G may hit $1,000 per share. The storyline is similar to the conversation surrounding Apple last year, but investor attention appears to have shifted to Google as a service-centric play. The core ad business remains rock solid, and headwinds from Motorola's continued operating losses and structural challenges in China aren't major threats.

Even after acknowledging Baidu's (BIDU 0.31%) effective victory in China, Google still has opportunities in other geographic regions in its quest to reach the next billion Internet users.

In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss Google's strong year so far, and where Big G goes from here.

Eric Bleeker, CFA, owns shares of Baidu. Fool contributor Evan Niu, CFA, owns shares of Apple, Qualcomm, and Baidu. The Motley Fool recommends Apple, Baidu, Google, and Yahoo!. The Motley Fool owns shares of Apple, Baidu, Google, and Qualcomm. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.