It’s pretty impossible to conceive, isn’t it. How could any tech stock triple in price in less than two years when it’s at that level. Sure, stocks jump up by over 200% in much shorter periods of time, but not when they’re already over $1000. It’s not possible, right?
Actually, in the case of Google, their current projects could do more damage than just $2000. That could be shooting themselves short. You see, they made it where they are today through their core businesses: search, mobile, and advertising. Those are small compared to some of their other endeavors including health, energy, and connectivity.
Don’t be surprised to see them end 2014 with a value more than double their already-gigantic stock value.
According to The Street:
The game really changes, however, when one of those infamous Google side projects turns into another massive revenue generator distinct from search and advertising. If that ever comes to, $2,000 might be a conservative price prediction.
Read More: The Street