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Google Up Double Digits | ||
After last night's blowout earnings report, UBS is expecting Google (Nasdaq: GOOG) will hit $800 a share. As of press time it's up over 12% for today. How did Google achieve such amazing growth? Well, for starters, 550,000 phones with Google's Android operating system were activated a day during the quarter. That's 550,000 EACH and EVERY day. That's how Android has achieved a 37% market share, compared to Apple's 27%. The growth in smart phone use, like Android phones or Apple's (Nasdaq: AAPL) has caused wireless network providers like AT&T (NYSE: T) and Verizon (NYSE: VZ) to abandon unlimited data plans. Just this month Verizon stopped offering unlimited data plans and is limiting "free" data to 2 GB per month. The amount of traffic that's running on their networks is mind-boggling. And it's expected to grow 3,000% in the next 5 years. The wireless carriers have to make network upgrades to handle the continued surge in traffic. And with the current flat-rate plans, they're not making enough money to do it: so they're adopting tiered data plans to help pay for network upgrades in order to handle all the traffic. This represents a tremendous opportunity for investors. The latest Special Investment Report from Wyatt Investment Research is focused tech stocks that directly benefit from Google's success. One $5 stock that's about to unleash a revolutionary wireless antenna technology that will save Verizon and AT&T hundreds of millions of dollars in network upgrade costs. In fact, these antennas are so powerful that they don't need new cell towers to be built. There's a $10 target for this stock, but it could easily rise even more than 100%. CLICK HERE for more about the company providing this technology. | ||
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