3 Stocks for High Rollers Only

You need at least a grand to buy a single share in any one of these companies

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3 Stocks for High Rollers Only

Google

google logo 3 Stocks for High Rollers Only11/19 Price: $1,033
Market Cap: $345 billion
YTD Performance: +46%

In a little more than 10 years since its IPO, Google (GOOG) has gone from $85 to more than $1,000 today, good for a gain of nearly 900% — but it been a bumpy ride.

GOOG shares broke above $700 before the last market crash, which wiped out more than 50% of their value. Indeed, in November 2008 you could have picked up Google for about $260 — if you’d had the guts.

Today, GOOG is at all-time highs, rising 46% so far in 2013. Again, that’s on light volume, with an average of fewer than 10,000 shares changing hands a day.

Google sports a forward P/E of less than 20, and a long-term growth rate of 16% — or about half the projected growth rate it carried before the last market crash.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/expensive-stocks-pcln-seb-goog/.

©2014 InvestorPlace Media, LLC

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