27.04.2015 - Google has shown strong results
Google has reported its results for the first quarter of this year. Revenues of US companies totaled $ 17.3 billion, which is 12% better than the 15.4 billion dollars in the same period last year. Negative for the company has become the currency fluctuations, but at the same time, the growth of visits was recorded in YouTube. Over 55% of the company's revenue is generated outside the United States. Net income was $ 3.6 billion, which is 3.9% better than the same period last year. We recommend holding shares of the company in the long portfolio with the potential growth of 35-40% per annum.