Will New Rules For Android Affect Google (GOOGL) Stock Today?

NEW YORK (TheStreet) -- Google (GOOGL) may soon require Android smartphone manufacturers to increase the number of Google apps that are pre-installed on their devices, according to The Information.

Shares of Google were gaining 0.6% to $588.52 in afternoon trading on Friday.

Android manufacturers may soon have to include "as many as 20" Google apps on every Android phone, according to confidential documents obtained by The Information. Google will reportedly requite those pre-installed apps be placed on the home screen of each device of "in a prominent folder."

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The alleged new rules would affect phones made by Samsung (SSNLF) , Hauwei, and HTC.

TheStreet Ratings team rates GOOGLE INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate GOOGLE INC (GOOGL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."

You can view the full analysis from the report here: GOOGL Ratings Report

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