Could Google’s Growth Run Our Of Runway (GOOG)

By Douglas A. McIntyre Published Dec 27, 4:56AM EST

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Can Google keep growing at 50%? Perhaps, but its initiative in newspaper and radio will have to do well to buttress internet sales.

And, Google’s new ad platform’s are still untested, at least across placing large number of advertising dollars for dozens of advertisers.

According to Barron’s, for Google to hit the advertising target of $600 that some brokerages have on the stock "could be challenging unless Google’s ad bets play out perfectly."

It is hard to imagine Google’s share price actually dropping over a period of a year, but it has been down lately. It now stands at $457.

It would not take much of a crack in the search engine company’s momentum to push that price to $400.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.