Google Inc. (NASDAQ:GOOG) Expanding Rapidly

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As part of their expansion plans for 2011, Google Inc. (NASDAQ:GOOG) hired 1,900 people during the first quarter of this year. Google Inc. (NASDAQ:GOOG) Expanding Rapidly The latest reports from the search engine giant shows that it has been sticking to its expansion plans, as the company hired 1,900 new employees during the first quarter, one step in their process of adding 6,000 people to the workforce this year. It was also reported that operating costs have increased by 54 percent, which show that Google Inc. (NASDAQ:GOOG) may post their highest full year of operational expenses this year. New CEO Larry Page is focusing on investing in new areas, including mobile advertisements and video ads, and is expected to make more investment plans during the next quarter. Google Inc. (NASDAQ:GOOG) shares were at 578.51 at the end of the last day’s trading. There’s been a -6.6% movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.27 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zack’s Rank: 6 out of 30 in the industry