Fund Managers agree..
Fund Managers agree... Google is unstoppable. Steve Johnson from Forager Funds Management says While driverless cars get all of the media, it's TV screens where they are making all of the inroads and probably the opportunity I am most excited about. With Youtube, Android and nifty gadgets like Chromecast, they are exceptionally well placed to at the forefront of the shift away from free--to-air TV. Look out Nine, Seven and Ten, you all have big problems coming your way. Jason Sedawie from Decisive Asset Management says Last week GOOG reported sales growth of 22% outpacing internet advertising market growth of 16%. Search, video and social advertising continue to take market share from traditional banner displays helping explain the good performance of GOOG/Youtube and Facebook versus declining revenue at Yahoo. Jason explains where he sees future growth for the company here. (VIEW LINK)
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