Shares & Derivatives
Should you invest in Google?
By Dr Wealth  •  December 17, 2021
Call me conservative, but FAANG stocks (or should I say MANGA or MAMAA stocks now that Facebook has changed its name to Meta) are among my favourites. FAANG stands for Facebook, Apple, Amazon, Netflix, and Google. These are large-cap corporations with a proven track record and positive cash flow. Today, we’ll talk about one of them: Google (aka Alphabet). Given the dominance of its search engine, the word Google is now a verb in the English dictionary to describe the action of searching the internet for information. How many companies are there with such dominance? The company currently has a market share of 91.4% of the global search engine market.  Even its next closest competition, Bing, which Microsoft owns, is far behind with only 3.14% of the market. In fact, for the past ten years, this number hasn’t changed much, demonstrating how strong of a moat Google has. Google’s Search Engine Market Share 2021. Source: statcounter...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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