Google stocks: price, quotes, buying and selling

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Google stock has been a very popular investment and long-term investment for many years. This is a stable and quite profitable investment, which is why millions of people prefer to work with this instrument while trading on the stock exchange.

Company History

The official founding date of the company is 1998-04-09, when two young people decided to turn their ambitious ideas into reality. However, initially the future Google Inc. started as a research project of two fellow students. Following the example of other well-known giants of modern business (Apple, Hewlett Packard), the future world-class search platform was born in a small garage, where they started their business.

Google founders - Sergey Brin and Larry Page. When they started their, then still small, business, they could not even imagine what a huge scale their offspring would reach.

The company developed at an unprecedented pace. By 2001, Google was no longer just a start-up in a rented garage and was starting to acquire minor venture capital firms. Three years later, a charitable foundation called the Google Foundation is created, and in August of the same 2004, Google shares werelisted on the stock exchange.

Company Development

Already by the middle of the 2000s Google Inc. becomes a major player in the global business arena. In 2006, the company acquired the young video hosting resource Youtube for just $1.6 billion, which turned out to be one of the corporation's most profitable investments.

In 2008, in tandem with GeoEye, Google launches an orbiting satellite, the purpose of which is to support the operation of the Google Earth project. As part of this project, detailed images of the entire surface of our planet were taken. This is how the famous "Google Maps" appeared.

Already by 2013-14. the founders of Google became the owners of the company, which occupies the 15th place in the rating of TNCs in terms of capitalization.

Who owns Google?

As mentioned above, Google was founded by two people who remain its owners to this day. Although TNK is an open joint stock company, therefore, anyone can buy Google shares, however, owning a small amount of the company's securities does not provide any significant opportunity to influence management, but only a chance to receive dividends or earn money on stock transactions.

Despite the fact that there are quite a lot of shareholders, the founders of the company remain the owners, since they have the largest number. Therefore, there is no doubt about who owns Google.

Sergey Brin and Larry Page

Sergeywas born in Moscow, the capital of the USSR, on August 21, 1973. However, when he was only 6 years old, his family moved to live in the USA. Sergei's parents were Jewish by nationality and had a mathematical education. Perhaps that is why he had such a craving for the exact sciences.

Sergey got a very good education. He completed his bachelor's degree at the University of Maryland and then went to Stanford for a master's degree. After that, he decides not to drop out and goes to Stanford for a doctorate. It was here that in 1995 he met his future colleague Larry Page.

Larry was born on 1973-26-03, his parents were teachers at the University of Michigan. From early childhood, they instilled in him a love of knowledge and science. Like Sergey, Larry studied at Stanford, where they were brought together by a common cause.

The future infobusiness giant was born as a student research project, so at the initial stages, colleagues did not even think about what colossal scale and results they could achieve.

Google Stocks

Today, "Google" is one of the largest companies in the world, it is a combination of various projects with great potential and high profits. In addition, it is already a prestigious brand that is in great demand around the world.

For these reasons, Google's share price is quite high, but relatively stable. Transactions on the stock exchange, made with these securities, bring a good income and rarely fall intoprice. Therefore, investing in Google stocks is considered less risky than in any other.

Why is it profitable to buy stocks

The primary reason, as mentioned above, is reliability. The company is a very powerful player in the business arena, it includes a large number of different structural divisions, a wide variety of projects (large and smaller), as well as a significant number of inventions and patents. No wonder such a powerful corporation has high reliability and stability.

Thanks to this, investors are not afraid to make multi-million dollar transactions with Google shares, and where there is high demand and large cash injections, there is a high share price.

How to buy shares

When asked where and how to buy Google shares, the answer is quite simple.

Today, almost anyone over the age of 18 can purchase the company's shares. All you need is a desire and some money. Transactions are carried out with the help of brokerage companies that give you access to the stock exchange.

Thanks to the Internet, a significant contribution to the development of which was invested by Google, it is possible to carry out a deal to acquire shares of this company directly from the comfort of your home, from a personal computer or even a smartphone.

Many different brokers provide securities trading services, and almost every company has its own mobile application through which you can sell or buy, evaluate Google stock quotes andcompare with products from other corporations.

Of course, there are some other ways to get company shares, but they are mainly designed for large sums or for employees of the company, so there is no need to delve into the discussion and review of other options than buying shares through a broker.

What is the stock price today?

The company's official stock quote is GOOG. To date, there are two types of Google shares: the first is Class A (simple), which can be purchased by anyone through the NASDAQ system (the total number of shares is more than 33 and a half million pieces) and the second is Class B (preferred), they can only be purchased by company employees (total number of shares 237.6 million).

Today's share price of this company is quite high, however, despite the fairly stable and high value of these securities, daily fluctuations, of course, cannot be avoided. In 2017, the value of one share, as a rule, fluctuates at the level of 900-920 USD per share.

This is a very high cost, so to become the owner of even a few shares, you will have to invest a tidy sum.

How to choose a broker?

To start the process of buying / selling Google shares, you need to decide on the choice of a brokerage company through which you will carry out these actions.

Today, dozens of different companies operate in this segment that provide this kind of service,Therefore, in all this diversity, you can get confused. You need to choose a broker based on your own preferences and requirements. Here the conditions of cooperation with a particular broker will play an important role.

For example, if you have a relatively small amount on hand, your search list will be significantly reduced, since many brokerage companies impose a limit on the minimum amount to open an account. As a rule, brokerage companies are reluctant to work with small amounts, so the minimum account should be from 10 to 50 thousand rubles. This is a fairly average figure, many require a much larger amount.

However, there are also those that make it possible to open an account for almost any amount and carry out the full range of possible transactions.

The next selection criterion is the reputation of the company. This is probably one of the most important points that you should pay attention to when making your choice. Unfortunately, this industry has a fairly large number of unscrupulous and outright fraudulent companies whose main goal is to rob their customers.

There are ratings of conscientious and fraudulent firms, where you can see the latest information on a particular company. It doesn't hurt to read user reviews as well.

It is best if the broker already has a positive reputation, and the firm has been working steadily for several years. This company can be trusted. However, no matter how carefully you check a particular firm, the likelihood of losing yourThere are always investments, but without risking it is difficult to create an impressive capital for yourself, because it is not for nothing that they say that risk is a noble cause.

Conclusion

Google Inc. It is not for nothing that it is considered one of the most prestigious companies in the world, because its capital is about 80 billion US dollars, and the profitability as of 2014 was more than 14 billion, therefore, looking at how much Google shares are worth, you are not at all surprised by the high price of them.

Google is by far the largest and most popular search engine in the world, so it's no wonder the company has become so prestigious and profitable. Today, working in this corporation is so desirable that it is comparable to winning the lottery. The working conditions for the company's employees are very good. Everything is done here to make working as comfortable as possible.

Today, the company sets itself very ambitious goals, many of which, with due desire, investment and research, may well be realized in the near future. For example, Google, together with film director James Cameron, intend to extract minerals from space asteroids. In the future, the company plans to cover the entire area of our planet with a wireless Internet network Wi-Fi. Of course, translating numerous ideas of a global scale into reality is an extremely difficult task, but if you look at the results and projects that have already been implemented by this giant of modern business, there is no doubt that all the company's plans can be realized.