Friday, April 15, 2011

Google Inc. (NASDAQ:GOOG) Expanding Rapidly

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 days
trading. Theres 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 Zacks
Rank: 6 out of 30 in the industry

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