5 Reasons Why Investing in Google Stock is a Wise Decision
1. Google's Sector-Leading Innovation Powers Google has been at the cusp of some of the most revolutionary technologies, from artificial intelligence (AI) and autonomous vehicles, to virtual and augmented reality.A core part of the company’s mission is to “Organize the World’s Information and Make it Universally Accessible and Useful”. This is often done with remarkably efficient solutions that have become synonymous with Google like Google Search and Google Maps.2. Google's Excellent FinancialsThis cutting-edge innovation has translated into consistent strong financial results, with high gross margins, a low debt/equity ratio, and a 14% return on equity.3. Google Diversifies Geographically and OperationallyGoogle has an established global presence. Not only does the company employ people in more than 70 countries, it also maintains research and development facilities around the world.4. Transparent Management Team The leadership of executive chairman Eric Schmidt, co-founder and recently retired CEO Larry Page, and current CEO Sundar Pichai has been unwavering in their commitment to creating an open, inclusive setting for employees and stakeholders.5. Google's Leadership in Cloud Computing Google has become a powerhouse in the cloud-computing space. The company has claimed the No. 2 spot as the top cloud infrastructure provider. According to Synergy Research Group, Google Cloud commands about 9% of the market share.Combined with its ability to help businesses with consumer-facing products like Chrome and Android, Google is in the perfect position to capitalize on the burgeoning cloud computing space.