{"id":25577,"date":"2006-01-05T03:54:13","date_gmt":"2006-01-05T03:54:13","guid":{"rendered":"http:\/\/www.adpunch.org\/?p=10741"},"modified":"2020-05-15T09:02:00","modified_gmt":"2020-05-15T09:02:00","slug":"google-stock-reaching-600-paid-search-growing-41","status":"publish","type":"post","link":"https:\/\/drprem.com\/ai-marketing\/google-stock-reaching-600-paid-search-growing-41","title":{"rendered":"Google stock reaching $600. Paid search growing 41%"},"content":{"rendered":"
\n\"Dr<\/a>\n<\/div>\n

\"google‘Google is driven by a culture focused on continuous innovation and attention to consumers – the Internet users’– Piper Jaffery & Co.in its latest research predicts Google which enjoyed as much as 64% of the paid search market will take home lion’s share of the market pegged to be $14 billion by the end of 2006. <\/p>\n

Analyst Safa Rashtchy in the study for the firm further predicted Google’s stock would touch $600 from present $445. This forecast by PJ analyst marks the highest target by any other analyst covering Google. <\/p>\n

In his study the researcher forecasts over the next five years the compound annual growth rate will be 37% and will eventually reach $33 billion in 2010. <\/p>

\n\"Dr<\/a>\n<\/div>\n\n

Robert Wallberg (MoneyMSN<\/a>) feels Google will continue to grow by leaps and bounds and hit all targets set by Wall Street, not only in fiscal year 2006 but also in fiscal 2007. <\/p>\n

It should be noted that Rashtchy’s price target is based on a multiple of 50 times his fiscal 2007 earnings estimate of $11.92 a share. Google hasn’t even posted its final 2005 numbers yet, though the Street is expecting a gain of $5.88 a share. <\/p>\n

Key points from the report <\/p>\n

We are raising our price target from $445 to $600.
\n GOOG is our Top Pick 2006 in the large-cap category.
\n We expect global Search market to grow by 41% in 2006 and 31% in 2007.
\n We expect Google to continue to gain some market share as the Google
\nbrand is strengthening.
\n We expect new initiatives, in particular Google’s ad network and Google
\nBase, to generate meaningful revenues by the end of ’06.<\/p>\n

\nFull report<\/p>\n

Via SEW \t<\/p>\n

\n\"Dr<\/a>\r\n\r\n\r\n\n<\/div>\n\n
<\/div>","protected":false},"excerpt":{"rendered":"

‘Google is driven by a culture focused on continuous innovation and attention to consumers – the Internet users’– Piper Jaffery & Co.in its latest research predicts Google which enjoyed as much as 64% of the paid search market will take home lion’s…<\/p>\n","protected":false},"author":107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3992],"tags":[],"class_list":["post-25577","post","type-post","status-publish","format-standard","hentry","category-ads"],"_links":{"self":[{"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/posts\/25577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/comments?post=25577"}],"version-history":[{"count":0,"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/posts\/25577\/revisions"}],"wp:attachment":[{"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/media?parent=25577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/categories?post=25577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drprem.com\/ai-marketing\/wp-json\/wp\/v2\/tags?post=25577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}