Buy Google stock now without any fees
Want to buy Google stock? We’ve prepared a guide that details how you can do this and explains why this is a great idea. Keep reading to see how you can buy Google stock now!
You’ll get a step-by-step guide that reveals how you can sign up to a trustworthy broker and invest in Google through a CFD. This means that you can benefit from all of the price rises of Google stock without actually having to buy the stock outright. Take a look below to see how to do this.
Popularity of Google stock
It’s hard to imagine a world without the Google internet search engine. The company has become so famous that ‘to google’ has become a widely used verb for carrying out an internet search. The Californian tech company was founded in 1998 by Larry Page and Sergey Brin and it has quickly become one of the so-called ‘big five’ US tech companies.
There are reportedly over 3.5 billion Google searches every day, and it’s the brand’s search engine that is still its core. But Google has aggressively sought to expand its operations into many different avenues of the tech industry. All of this comes under the Alphabet Inc parent company that was brought into existence when Google restructured its operations in 2015.
As such, when you buy stocks in Google (GOOGL), you’ll actually be buying stocks in Alphabet Inc. This means buying into the rapid success of the Gmail email service, a wide range of productivity tools like Google Docs, cloud sharing such as Google Drive, and everything ranging from Google Maps to Google Translate.
The brand has also made some smart acquisitions in the past few years. These include the iconic video streaming service YouTube, and it’s important to note Google’s contribution to the Android mobile operating system. Plus with big moves made everywhere from virtual reality to artificial intelligence, it’s easy to see why so many people are keen to invest in Google.
As a result, Google has become a key player on the global stock markets. At the time of writing this guide, the profit to earnings ratio (P/E ratio) of a Google stock was 36.30. This essentially means that you shouldn’t have to wait too long to earn back whatever you had invested in the brand. While you could enjoy a slightly more favourable P/E ratio if you chose to buy Facebook stock, there are many more reasons as to why an investment in Google could be a smarter move.
Google stock prediction
Timing is everything when it comes to investing on the stock market. This is definitely true of a relatively volatile stock like Google. A stock’s volatility refers to the fact that its value can suddenly rise or fall. As a result, it could see you making an impressive return or suffering a big loss in a fairly short amount of time.
When we were writing this guide, the stock price of Google had experienced some rapid rises and falls over the previous month. While a stock of GOOGL could hit the heady heights of $2250.43 at one point, just a couple of weeks previously, the value of a Google stock had sunk as low as $2021.34.
This quick example shows you how you will always need to do plenty of research before deciding whether to buy or sell a stock like Google. We would always recommend that you check out a company’s recent quarterly financial reports. While Google may be enjoying yearly revenues in excess of $181 billion, it’s important that you understand how the brand is using the money to plan for the future. After all, tech companies will need to invest in plenty of research and development to make sure that they are future-proofing the relevance of their business.
We should also note that iconic tech brands like Google might not always be hitting the headlines for the right reasons, and this could have a big impact on the success of your investment. With concerns about privacy and tax avoidance, there are many reasons why investing in Google might not always be as straightforward as it initially seems. So be sure to do your homework before you invest in this brand.
Take a step back
It’s easy to get caught up in the sheer success of Google and get carried away when making a Google stock prediction. After all, the billion-dollar company has the most-visited website on the internet, and everything from the Google Chrome Browser to the Google Pixel smartphone is a testament to the forward-thinking nature of this brand.
While all of this sounds good, it’s worth noting that buying a stock of Google might not be for everyone. After all, the value of Google stock has been in excess of $1,000 for much of the past year. It’s always important to assess the Google stock price history trend.
Things to consider
It might be a smarter move to invest in a CFD of Google at an online broker. A CFD (contract for difference) is where you don’t actually have to go through the process of actually buying and owning the stock. Instead, you get to decide how much you want to buy or sell depending on the market price fluctuations.
You should also consider whether you want to make a short or long-term investment. After all, the market price of Google can rise and fall rapidly over the course of a 24-hour period, and it requires plenty of skill to successfully carry out day trading over such tech stocks. This is why many people will invest in tech stock over the long term as it gives you a decent way to bypass the inevitable market fluctuations and ensure that you benefit from the brand’s eventual rise in value. So check the Google stock price history before you invest.
How to buy Google stock
The good news is that it’s pretty straightforward to buy Google stock. Take a look below to see how you can enjoy free stock trading in Google, Amazon, Tesla and much more.
Sign up to an online broker: You will always have to register an account with an online broker before you are allowed to buy and sell stocks. This is usually a fairly straightforward process that sees you submitting some personal information like your name, address, date of birth and banking details. All good online brokers will implement some kind of ‘know your customer’ procedure so as to safeguard your data and trades.
Fund your trades: Once you have successfully verified your account, you will then be able to fund your account so as to make your investments. All decent online brokers will allow you to make safe and efficient deposits with renowned credit and debit card brands like Visa and MasterCard. Depositing with these trustworthy payment methods should be fast so that you can quickly make your trades.
Research your investments: All online broker sites will give you a wealth of information about how each individual stock has been performing. It’s always a good idea to double-check the facts before you make your investment. Make sure that you note the day’s lows and highs and compare these to the 52-week lows and highs. The stock’s market capitalisation and P/E ratio are other important factors to consider before you put your money down.
Execute your trade: After you’ve weighed up the pros and cons of that asset, then it’s time to buy. This is usually something as simple as clicking on the stock, entering in the quantity of the stock that you wish to purchase and then submitting your request. Once you’ve done this, you should find that your trade is instantly executed so that your investment will swiftly be added to your portfolio.
Invest in the future
Google is well known for being one of the most forward-thinking tech brands, and it’s this fact that ensures that GOOGL stock value continues to rise. What started as a simple internet search engine has grown to become an all-consuming tech brand that has become essential for anything from using a spreadsheet to listening to a podcast.
The brand has kept up its forward-thinking reputation by expanding its services to a range of new products that include things like the Google Home smart speaker and we’ve even seen the brand toying with the idea of becoming an internet carrier.
But it’s the fact that Google has expanded into advertising that has become one of the most exciting reasons to invest in this brand. Most of Google’s revenues now come from advertising and it’s this ability to successfully monetise its technology that has helped the stock value rise so impressively.
The Google IPO was held way back in 2004. If you’d bought a single GOOGL stock back then, it would have cost you $85. At the time of writing this guide, the GOOGLE stock price was an impressive $2270.67. This shows how the brand’s value has multiplied by over 26 times in less than two decades.
Alternative investments
Obviously there are no guarantees that Google will always grow at this scale. This is why we would always advise that you follow some solid safety considerations when buying Google stock. Plus it’s worth noting that Google has been the subject of some serious antitrust scrutiny which could continue to affect its share price in the future. But if you play it smart, then there’s no reason why you can’t benefit from the immense success of Google.
While Google has made some impressive gains, it’s important to note that this brand has been subject to the same level of volatility experienced by the other ‘big five’ tech companies. As such, whether you’re buying into the success of anyone from Apple and Microsoft to Facebook and Amazon, then you’re essentially hoping that these brands will continue their phenomenal growth of the past couple of decades.
However, it’s important to note that not all stock market investments will be hoping to make such a fast buck. One of the biggest reasons why so many people choose to invest in the likes of gold is the fact that commodities like this are relatively stable in their value. When coupled up with some well-thought out forex trading in safe currencies like the US dollar, it should be relatively simple to create a balanced investment portfolio.
We can’t really talk about investments without mentioning the likes of Bitcoin. This cryptocurrency has regularly hit the headlines over the past decade due to its skyrocketing value. While Bitcoin has suffered some equally cataclysmic falls in value, it has spearheaded a crypto revolution that has seen alt-coins like Ethereum, Litecoin and Ripple becoming popular investment options.
Although many financial commentators are of the opinion that cryptocurrencies are little more than a speculative bubble, it’s hard to deny the basic fact that a few shrewd investors have made some significant returns from investing early in the likes of Bitcoin.
Bright future for Google
It’s fairly easy to see why so many people will want to buy Google stock now. After all, this is one of the world’s largest tech companies that has successfully diversified into a number of areas so as to safeguard its financial future. In the last year alone, a Google stock has pretty much doubled in value, and there is little indication that the brand is going to suffer any changes in fortune.
However, it’s important to note that many financial figures have been suggesting that this ‘tech bubble’ has to collapse sooner or later. Plus it’s worth mentioning the fact that investing on the stock market is risky and you should be prepared to lose any money that you invest. Despite these reservations, we still think that Google represents one of the best options for anybody looking to buy stocks in the tech industry and nextmarkets gives you the perfect way to trade Google stocks.
