I Love Google!

I didn’t buy Google (GOOG) in its early IPO days. Even today, I think it’s trading at a great discount. Unfortunately, every mutual fund out there owns some bit of Google. It’ll take a lot of buying power at this point to propel GOOG above the $500 level.

There have been a lot of great news for Google including speculation with a deal with Salesforce.com, moving Google into the CRM marketplace. Then there the Google-Apple deal to have Apple TV host YouTube videos. Search continues to grow including the iGoogle personalized page and the universal search.

If Google is able to monetize video ads, it’ll make a huge leap.