After breaking an amazing $535 dollars a share on Monday, analysts everywhere are chiming in on where Google goes from here. Most people believe we’ll see continued growth in the short term, but are concerned about the big picture.
“The general thinking here is that Google’s already large size will likely pose a significant impediment to future growth. A converse perspective, which we hold, is that Google possesses significant competitive advantages that are directly attributable to its size, in particular its computing infrastructure, and that these advantages are likely to drive a higher growth rate for a longer period of time than most investors currently anticipate,” Morrison wrote.