With the recent rally, Google is now worth an astounding $357 billion dollars. So is there more room to run?
Google investors have reason to smile today. Shares of the internet search and advertising giant hit another all-time high, closing just within a hair of $1,070, a staggering return has you bought the stock at its $85 IPO price in 2004.
The stock is now up 50% this year and is outperforming the S&P 500, NASDAQ and Dow Jones Industrial Average.
The move today makes Google worth a $357 billion. But how much more can the search giant grow?
BTIG Chief Technical Strategist, Katie Stockton and John Stephenson of First Asset Investment Management join CNBC’s Street Signs to discuss the massive move in the stock. Check out the video to find out.
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