What Should Google Do Next?

I recently wrote a post about Google entitled “Is Google Too Expensive?” Soon after, one reader commented that Google is a strong company (financially) that is undervalued and it was very simple.

I actually like Google and used it in my previous post only because its price per share is close to the average American’s monthly car payment. People tend to see a number like that and automatically label a stock as too expensive.

I want people to understand that the price per share alone is not a proper gauge of what is too low or too high. I agree that Google is strong and may be undervalued, but I don’t believe that valuation is simple. 

Assessments of Google’s value, or the value of any other stock, are subject to error and change. Things are always changing, so there will always be something new to factor into a stock’s price.

The constant difference of opinions regarding value is one thing that keeps financial markets going.

I found a Wallstrip clip with plenty of differing opinions about Google (not much about its valuation, sorry!). The segment was filmed right after Google acquired YouTube and the question posed to people on the street was: What Google should do next?  Take a look:

What do you think Google should do next?