In the world of technology, it is hard to imagine a company better positioned for future growth and success than Google (GOOGL). The company has a sound track record of success in virtually every business it has tried to enter, with Google TV perhaps being the one big exception. The company is now a leader in both the software and hardware side of the tech world. It goes without saying that Google dominates the internet with its search engine, but it also has the most widely used mobile operating system in Android. While Android is open-source software, and while it is true that Google does not make money off of Android, its importance to the company can not be overstated. Google makes money off adds run on its mobile operating system, and from apps users download. Its real value is what it adds to hardware devices that Google is launching as it moves into the hardware side of things. Wearable technology, a new Android television that it recently announced, tablets, etc. all get instant credibility because of the Android platform. People love Android, and Google will be able to use this affection to establish stronger footholds in hardware markets it decides to enter. Google is a very innovative company, and looking ahead, the sky is the limit for the “king of search.” In my opinion GOOGL is the only stock you need to own in the tech sector.
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