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Apple Inc. Message Board

  • cchaker cchaker Feb 21, 2013 2:54 PM Flag

    4 Stocks That May Hit $1,000 Before Google

    . 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

 
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