Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, June 29, 2012

Article Excerpt

GOOGLE INC., $580.07, Nasdaq symbol GOOG, will soon launch the Nexus 7, a new tablet computer that features a 7-inch touch-screen display and the latest version of the company’s Android operating system for mobile devices. The new tablet will cost $199. That should help Google complete with similar-sized tablets, including Amazon.com’s popular Kindle Fire. (Amazon.com is a recommendation of Stock Pickers Digest, our newsletter that focuses on aggressive investing.) Google will also launch the Nexus Q, a ball-shaped device that lets users stream music and video from the Internet to a TV set or stereo system. This device will cost $299. These devices are less profitable for the company than its main Internet search and software businesses. However, they should attract more users to Google’s websites. Google is a buy. Google was recently covered in the June 2012 issue of Wall Street Stock Forecaster. Click here to access it. Google was recently covered in the Wall Street Stock Forecaster Hotline for June 8, 2012. Click here…