This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Google On the Road to $500

MOUNTAIN VIEW, Calif. ( TheStreet) -- Say goodbye to Google (GOOG) $600.

A lack of growth, weak consumer spending, softer-than-expected advertising "click-through" rates and now the rise of regulatory scrutiny have helped put Google shares in a funk.

Google: Not all Good




On Wednesday, adding to the woes in Google's search ad business, European regulators started to look at charges that the search giant may be treating competitors unfairly.

And though the probe is merely an informal review by the E.U., some analysts say it's just the beginning of an era for Google that is very much akin to the persistent regulatory slaparound Microsoft (MSFT - Get Report) has earned over the past two decades.

"Due to Google's dominating position in search, the regulatory scrutiny will likely surface more often," Collins Stewart analyst Sandeep Aggarwal wrote in a research note Wednesday.

Google

Google said the "scrutiny goes with the territory" and was cooperating with the E.U. Google added on its blog that it was "confident that our business operates in the interests of users and partners, as well as in line with European competition law."

The brush with the law highlights Google's continuing shift from its days as a rapidly growing and beloved Internet mastery tool to a potential search monopolist that wields too much power.

Investors aren't particularly enamored with these types of transitions.

Tech giants like Microsoft and Intel (INTC - Get Report) -- reforming monopolists in their own rights -- have offered investors very little in returns after achieving market dominance. The stock performance for Microsoft and Intel has been flat for most of the past decade.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
GOOG $548.34 0.00%
INTC $32.00 0.00%
MSFT $40.97 0.00%
AAPL $123.25 0.00%
FB $83.30 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs