Buying and holding companies that are essential to everyday life has helped build plenty of fortunes for those willing to let it work over the long term. And if you look to the tech space, it's fair to say that search giant Google (GOOGL 10.22%) is one of the most essential tools available today. Millions of people use the company's popular search service daily almost out of habit. And while investors and consumers rarely consider just how much they rely on Big G, we recently saw how impactful even a tiny hiccup from the web giant's services can be to the entire Internet.

In this video, tech and telecom analyst Andrew Tonner discusses Google's recent outage and why even after the company's impressive run so far this year, it's still a company worth owning.