GOOGLE an impressive investment - NASDAQ:GOOG Why should I buy this stock?

In the news today, Shares of Google (NASDAQ:GOOG) opened at 1105.00 on Monday January 6, 2014 to close upwards near 1117.32 +12.32 as of 5.08pm EST.

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Why you say?

• GOOG --  sports a 52-week gain of almost 50% to perch at $1,105 -- scored a price-target hike today to $1,350 from $1,200 from Bernstein analysts, UBS is only a little less optimistic, raising its PT to $1,300

• Analysts at Bank of America Corp. raised their price target on shares of Google to $1,250.00 in a research note to investors on Friday. They now have a “buy” rating on the stock.

• Analysts at Zacks reiterated a “neutral” rating on shares of Google in a research note to investors on Tuesday, December 17th.

• Google Inc  is growing and growing.  It has topped the broader S&P 500 Index (SPX) by nearly 17 percentage points during the last 60 days, so it's no surprise that calls have outnumbered puts lately. The stock's calls “bought to open” have comfortably outnumbered puts over the past month.

More reasons I think the stock will go higher

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• Google announces at CES it's partnering with GM, Honda, Audi (previous), Hyundai, and Nvidia (NVDA +1.3%) to create the Open Automotive Alliance, a consortium looking to bring Android-powered in-car navigation/infotainment systems to market. The first cars supporting the platform are expected by year's end

• The OAA's strong industry backing, together with Android's developer support and Google's powerful apps/services ecosystem - Google Maps and Now should be particularly useful for in-car solutions – this should make it a tough competitor

• Google has acquired Bitspin, developer of popular alarm clock app Timely

• Analysts expect that Google will post $44.18 EPS for the current fiscal year

Many of you are saying, okay but how do I afford buying Google shares and make a good profit.  Investors should look at mini call options.  I will not go into this, but you can GOOGLE it. Remember, risk only what you can afford. The market is always unpredictable.


UPDATE: GOOGLE is at $1,139.53 as of 15.37pm EST