Google Cannot Be Stopped

By Chris Hill – Oct 18, 2013 at 8:41PM

NASDAQ: GOOGL

Alphabet

Market Cap

$2,079B

Today's Change

(1.59%) $2.68

Current Price

$170.78

Price as of May 7, 2024, 9:47 a.m. ET

Shares of Google rocket upward after its third-quarter earnings report. Does this tech titan still have room to run even above $1,000 a share?

The following video is from Friday's edition of Investor Beat, in which host Chris Hill, and Motley Fool analysts Ron Gross and Charly Travers, dissect the hardest-hitting investing stories of the day.

Shares of Google (GOOGL 1.59%) rocketed upward by more than 12% today, after the company reported very strong third-quarter earnings. The jump brought shares of the tech mega-giant to a new all-time high, breaking the $1,000 per share mark for the first time in the company's history. In the lead story on today's Investor Beat, Ron and Charly discuss Google's earnings, why they still like the stock even above $1,000, and whether or not Google's competitors should just pack it up and go home.

Charly Travers has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Google. The Motley Fool owns shares of Google. 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.