Google's results send the stock soaring
Investors are pleased as punch about the news from the search-engine giant.
Google's top-line revenue grew by 12%. Earnings grew by 35%, and the volume of clicks for search was up 25%. This helped to offset an 8% decrease in the average cost-per-click. Motley Fool analyst David Meier thinks beyond the great numbers, there's a hidden story here.
There's a business ordinary investors aren't paying attention to, which just posted growth of 85%. In just a few years, it now accounts for 8% of overall revenue. Google is known primarily for search, but this growing segment shows that Google continues to find new ways to create value.
Shares have returned 40% year to date, and today have crossed the $1,000 mark. Despite this, David thinks Google is still a buy. He argues there's simply not a better cash-flow machine than Google.
The Motley Fool's 12 top stocks for 2013 are now available! So if you're tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2013: The Investor's Guide to the Year Ahead. It's The Motley Fool's current top report, and includes Chief Investment Officer Andy Cross's top stock for 2013! This under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet. Find out what it is and how you can take advantage of this unseen company's huge profits in this special, free report, just click here now.
More from Top Stocks
excellent stock. this has been a classic case of "buy high and sell higher."
i hear these guys eat apples for lunch ... errrr eat apple's lunch ....
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Most people hate the idea, according to a recent poll. But the government is inching closer to allowing airlines to make the final decision.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.