Why is Google Inc (NASDAQ:GOOG) Stock Soaring? Let us Find Out

Google Inc (NASDAQ:GOOG)’s graph in context with its stock price keeps shooting up and up. It has climbed more than 30% after July, when it was priced at $560. Speculations and theories are all over the place about the company’s astonishing performance, but many have stated that Google’s financial performance is the main reason for the surge in its stock price.

How Should Investors Trade GOOG Now? Find Out Here

Other reasons for the soaring stock are:

a. Google is still No.1 when it comes to advertising and Facebook is nowhere close to it. Its search business is on the rise like never before.

b. Google is making profits hand over fist while cutting into Apple’s revenue.

c. Motorola is not a catastrophe as expected.

d. Android is grabbing market shares at others’ expense. Google’s new tablet has garnered good response and Android-based phones are equally good when compared to Apple phones.

e. The company is coming up with innovative and brilliant strategies under the tutelage of founder and new CEO Larry Page.

Over the last 5 years, the cash flow at Google has grown at a tremendous rate, far surpassing all expectations. Back in 2007, the cash flow was $3billion and the stock traded for $700 for the very first time. According to calculations, the amount this year should be around $12 billion if not more. The achievement is commendable as Google continues to experiment by investing in self-driving cars and wind power, which have no relation to its core business.

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