The market wants desperately to see Santa Claus this year and GOOG's got its story back. Actually, GOOG has three stories going, and they're all good:
- Google is not a one-trick pony anymore.
- Mobile advertising is going parabolic.
- GOOG owns 75% of mobile advertising.
And, I should add, Apple continues to do well - contrary to popular opinion, what is good for Apple is good for Google, too.
So, when is the party over? New Year's Eve? A little hangover might be due, but I wouldn't think of selling any GOOG for the next couple of years.
Loosen your seatbelt - it may not be as bumpy as you might think.