Jim Cramer's Mad Money Review

Internet search giant could vault ahead of Microsoft and Yahoo! in 2007 to become the world's most visited Web site, according to experts. Microsoft is No. 1 worldwide -- largely because of downloads of updates to its ubiquitous software -- and Yahoo! is the most visited Internet property in the U.S., according to ComScore Media Metrix. But Google is growing fast, and its $1.7 billion purchase of video sensation YouTube will speed up its rise. "It's a matter of math," says Citigroup analyst Mark Mahaney.
Published by USA Today

Labels: GOOG, Google, MSFT, YHOO

YouTube is coming to mobile phones — or, to be more precise, a small slice of YouTube is coming to some Verizon Wireless phones. While its explosively popular Web site is free, YouTube’s phone-based version will require a $15-a-month subscription to a Verizon Wireless service called VCast. And instead of choosing what to watch from a vast library of clips, VCast users will be limited to an unspecified number of videos selected and approved by the companies. Still, the deal, which the companies plan to announce on Tuesday, marks the mobile-phone debut of YouTube, the video-sharing service owned by Google that many say is already changing the media landscape. Verizon Wireless and YouTube said the service would be available early next month. One question is whether the limited selection of videos on the service will undermine the basic appeal of YouTube, which has grown popular in part because users decide what they want to watch. But Allen Weiner, a Web publishing analyst with the consulting firm Gartner Inc., said he believed that the short bursts of escapism provided by YouTube would translate well to the mobile phone. That said, Mr. Weiner said he did not believe the deal alone would be enough of a selling point to attract new customers to Verizon.
“It’s not going to be a driver” of new subscribers, Mr. Weiner said. “But it will give people who are considering the video service component something to think about.” This is a big step in a new direction. It just goes to show how truly innovative Google really is. We still recommend buying Google.
Source: The New York Times

Labels: Cell Phones, Google, Youtube

Google Inc. (GOOG.O: Quote, Profile, Research) shares slipped 0.4 percent before the opening bell on Monday after Barron's reported that the stock, which topped a milestone price of $500 a share last week, is overvalued and poised to fall. Shares of the company were trading down at $502.75 in electronic trade after closing at $505 on Friday on the Nasdaq.
Source: Reuters.com

Labels: GOOG, Google

U.S. stocks closed slightly higher on Tuesday as cautious investors took few new positions before the Thanksgiving holiday, but shares of aircraft maker Boeing Co. (BA.N: Quote, Profile, Research) and Web search leader Google Inc. (GOOG.O: Quote, Profile, Research) soared to record highs, offsetting a jump in oil prices. The Dow Jones industrial average <.DJI> was up 2.88 points, or 0.02 percent, to end unofficially at 12,319.42. The Standard & Poor's 500 Index <.SPX> was up 2.21 points, or 0.16 percent, to finish unofficially at 1,402.71. The Nasdaq Composite Index <.IXIC> was up 1.98 points, or 0.08 percent, to close unofficially at 2,454.70.
Source: Reuters.com

Labels: BA, Boeing, GOOG, Google, Growth, Nasdaq, NYSE Group, Stocks

Shares of Web Search leader Google Inc. (GOOG.O: Quote, Profile, Research) on Tuesday surged past the highly anticipated $500 milestone for the first time, continuing its strong climb since it became a public company in August 2004. The stock was last up 2 percent at $505.15 and ranked as the biggest advancer on the Nasdaq. Although expensive, this stock is still a buy and has atleast another 50 points ahead of it. If you can afford it, Google is a buy.
Source: Reuters.com

Labels: GOOG, Google, Nasdaq, Stocks

Stocks edged higher on Tuesday as investors were cautious about taking new positions in a holiday-shortened week, but shares of jet aircraft manufacturer Boeing Co. (BA.N: Quote, Profile, Research) and Web search leader Google Inc. (GOOG.O: Quote, Profile, Research) hit record highs. Shares of Boeing rose 1.7 percent to an all-time high of $90.64 on the New York Stock Exchange and led the Dow higher after Korean Air Co. (003490.KS: Quote, Profile, Research) said it had ordered 25 aircraft from the company. Google shares also tore through the key $500 level, climbing 2.2 percent to $505.72 and ranking among the Nasdaq's biggest gainers. In recent months, Google has pulled away from its peers on the Internet by posting sustained growth that is three to four times faster than its rivals. At the same time, its closest competitor, Yahoo Inc. (YHOO.O: Quote, Profile, Research) is in turmoil over strategy. The Dow Jones industrial average <.DJI> was up 6.57 points, or 0.05 percent, at 12,323.11. The Standard & Poor's 500 Index <.SPX> was up 2.24 points, or 0.16 percent, at 1,402.74. The Nasdaq Composite Index <.IXIC> was up just 0.96 of a point, or 0.04 percent, at 2,453.68. "The market has soared seven out of the last eight weeks, so it's just a little pause to catch its breath," said Al Goldman, chief market strategist at A.G. Edwards in St. Louis, Missouri. "The nice thing is that the market is handling the profit taking so far in a very positive fashion. The week before Thanksgiving tends to be strong seasonally." U.S. financial markets will be closed on Thursday for Thanksgiving, and the stock market will close early on Friday. Shares of medical device maker Medtronic Inc. (MDT.N: Quote, Profile, Research) shot up 8.8 percent to $53.24 and were the top positive influence on the benchmark S&P 500 index, as the company posted a better-than-expected quarterly profit. Farm equipment maker Deere & Co. (DE.N: Quote, Profile, Research) said quarterly earnings rose a better-than-expected 19 percent on a turnaround in its equipment business, sending shares of the company up 4.7 percent to $93.60.
Shares of upscale department store operator Nordstrom Inc. (JWN.N: Quote, Profile, Research) rose 3.9 percent to $49.32 on the NYSE after it reported quarterly results late on Monday.
Source: Reuters.com

Labels: BA, Boeing, DE, GOOG, Google, JWN, MDT, Medtronic, Nordstrom, Stocks