Stocks Alphabet Inc. - [GOOG]
Alphabet Inc. — one of the most expensive companies in the world, an American tech giant, the parent company of the world-famous Google.
How to buy shares of Alphabet?
If one day, searching for information on Google, you thought about investing in this company - we can fully support your decision. Fondexx clients can purchase more than 10,000 assets, and sending an application to the exchange takes place in just a few clicks in the trading terminal.
History of the establishment of the company
Alphabet was founded in the context of the global restructuring of Google in 2015, so it will be fair to tell the story not only of Alphabet, but also directly of Google. The creation of the original search engine was initially a research project by Stanford University graduate students Larry Page, Sergey Brin, and Scott Hassan. The search engine was created in 1996 and was called BackRub.
The name was later changed to the well-known today's Google - which is a misspelling of the word googol - a number with a hundred zeros. Already in 1998, the company was officially founded and the first investments arrived.
Over time, the company scaled until a restructuring decision was made in 2015, which began a whole new rapid phase of development of Google and their products. According to the official information of the company's leaders, the restructuring was connected precisely with the fact that the company has long gone beyond the boundaries of just a search engine, because the list of products, services and technologies provided by Google over the years has really become extremely wide.
Rapid development of Google
The company's IPO took place in August 2004, when the company's market capitalization reached $23 billion. One of the extremely important events was the successful launch of Google Cloud in 2015, this step was a demonstration of the company's readiness for innovation and interest in the development of modern technologies. The launch of the product was accompanied by a rapid increase in the value of Google shares - investors trusted the company.
Interesting fact
The verb "to google" has already firmly entered the everyday language of most people, but the first mention of this word on television was in the distant 2002 in the series "Buffy the Vampire Slayer". It is also worth mentioning that Google has a rather interesting corporate policy regarding innovation, so since 2004, the company has implemented a rule that allows employees to spend 20% of their time on their own experimental or innovative projects. As a result, this approach contributed to the emergence of such company products as Gmail and Google News.
Investment in Google
Alphabet Inc. as one of the best-known and most expensive tech giants, is also a popular investment asset. Leadership in the world of technology builds trust between the company and investors, so Google shares have remained an interesting and promising solution for preserving and increasing their capital for years.
In general, it can be said that the technology and communication sectors have shown really tremendous growth in recent years. New technologies and directions appear literally every quarter, ensuring high activity on the stock market.
If you decide to choose shares of Alphabet Inc. for your own investments - we advise you to calmly and consistently approach this issue. The choice of assets is perhaps the most important stage of long-term investments, so make sure that you make the right decision and act.