Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Thursday, April 17, 2014

Article Excerpt

PLEASE NOTE: Our next Hotline will go out on Friday, April 25, 2014. GOOGLE INC. $543.34, Nasdaq symbol GOOGL, has paid an undisclosed sum for Titan Aerospace. Titan is a privately held company that’s developing unmanned aircraft, or drones, that run on solar power. That means they don’t need to refuel, so they can fly non-stop for up to five years. Google would probably use Titan’s drones to photograph remote locations for its Google Maps service. The technology would also help the company bring high-speed wireless Internet access to areas where it’s difficult to build land lines or cellphone towers. By making the Internet available to more people, Google would drive more traffic to its search engine and other websites. Meanwhile, the company earned $4.3 billion in the three months ended March 31, 2014, up 6.4% from $4.0 billion a year earlier. Due to more shares outstanding, earnings per share rose 4.5%, to $6.27 from $6.00 (all per-share amounts adjusted for a 2-for-1 split…

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