Google’s stock ( GOOG ) rise among speculation by an analyst

Google (nasdaq: GOOG )’s stock rose $17.99, or 4 percent, to $473.27 among early trading on Friday after Analyse Jeffery Lindsay predicted higher sales and revenue for Google from its search engine advertising programmes. Lindsay said after Google’s new approach to AdWords its sales will be increasing in the coming Months.

According to Lindsay Google has been slapping low quality advertisers from their AdWords advertising platform which gives opportunities for reforms to the AdWords campaign. Com score a leading company which tracks clicks in search engines reported lesser number of clicks in February and march but Lindsay says this is mostly due to Google slapping lower bidding advertisers and increasing its price facilitating for higher advertisers. Google has been changing and increasing its AdWords bid prices for a long time and according to Lindsay Com score don’t record all these information.

Linday also predicts Google’s shares might rise as high as 750$,

Source:forbes.com/feeds/ap/2008/04/04/ap4856278.html

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