Alphabet Inc (GOOG)

[SeriousMoney]

Remember when?

Google (GOOG) broke $500. That's the story of the day, and rightly so. Since Google came public, its move has been something to behold.

Remember when the stock made its debut in the high double-digits? Everyone thought that was a terrible idea because of some twisted logic about how low-priced stocks are better for individual investors.

Remember when that hedge fund manager in Barron's trashed Google when it was at $175 or so and said it was fair value at $25?

Remember when everyone was upset that Google did a $4 billion secondary?

Remember when Google reported a soft quarter, and the world panicked and said the company's growth trajectory was over? (Doesn't that happen just about every other quarter?)

Remember when Google crossed $400 the first time and everyone wanted it to split because of some twisted logic about how that would help liquidity in this very liquid stock?

Remember when Google bought YouTube for $1.7 billion?

I expect Google to have a lot more upside ahead of it over the next few years. I also expect that I'll be typing a column someday that says, "Remember when Google first crossed $500?"

I'm still sticking with Google.

http://www.thestreet.com/p/_yahoo/rmoney/codywillardblog/10323608.html?cm_ven=YAHOO&cm_cat=PREMI...