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What is the better 10 year stock investment, Yahoo! or Google? |
Please give justification if you can. 10 years is a very long time frame for a technology company. 3 years is about all that one can even hope to predict. I remember when Novell was hot. Now look at it. I remember when DEC was hot. It no longer even exists. Do you remember Lotus? Probably not. How about Compaq? Surely you remember Gateway Computer. That was the company whose shipping cartons were paited like Holstiens. I think they may even still be around somewhere. I would say Google is the better bet. It has just cracked the Chinese market and stands to grow enormously with the potential revenues that are generated. I would avoid putting your nest egg in a single stock however. Some rock solid companies turn out to be not so solid...does the name Enron ring a bell? They were reporting huge profits all the way up until they collapsed in the red. Be cautious...be very cautious when dumping large sums of money on single stocks! an impossible thing to determine. google is currently looking like it is setting the world on fire with an attempt to take computing from your desktop and microsoft to googles servers. However, things change so rapidly that i would bet that they both will be dwarfed in ten years by something we have yet to hear about. don't ask, because if i knew what it was, i would be starting it myself. |
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