Google Stock Vs. Other Major Tech Companies
Google Stock Performance Compared to Other Major Tech CompaniesWith the ever-growing dominance of technology in our day-to-day lives, it is no surprise that tech stocks have performed strongly over the past 10 years. One of the biggest and most successful tech companies is Google, and its stock price has been on a fairly steady rise in 2020. In this article, we will compare and contrast the performance of Google stock against some of the other major tech stocks.AmazonAmazon, which has become one of the world’s largest and most successful tech companies, has seen its stock price rise over the past decade. It has seen even more impressive gains in 2020 and has been one of the best-performing stocks of the year. It has outperformed Google stock, but not in a huge way, only by about 1.5%.MicrosoftMicrosoft has also been one of the best-performing tech stocks in 2020 and has outperformed Google stock by approximately 10%. Microsoft’s stock performance has been considerably better than Amazon’s, likely due to the company’s aggressive move into the cloud computing space.AppleApple, the world’s most valuable tech company, has seen its stock price skyrocket this year. It has significantly outperformed Google stock, rising by approximately 30%. This is largely due to Apple’s strong move into the services space, and its continuing success with the iPhone.ConclusionOverall, Google stock performance has been varied this year. It has outperformed some of the other major tech stocks, such as Amazon, but has not been able to keep up with the extraordinary gains seen by Apple and Microsoft. Nevertheless, the company’s stock is still up from where it was at the beginning of the year, and it is still one of the most successful tech companies in the world.