Google reported a strong quarter last week which sent the stock soaring over the $600 level. Google now trades with a market capitalization of approximately $195.22 billion. The growth story seems to be intact for the company as it beat estimates, and even cited 50% annualized growth for YouTube.
But can the Internet giant pass Microsoft as the third largest company in the united states? It's getting quite close. Microsoft's market capitalization resides at $219.61 billion. For Google's market cap to surpass this, the stock price would need to go to $689.06 per share, which does not seem out of reach considering Google trades at $612.53 currently. Microsoft's share price of $25.38 would need to stay the same or go lower in this case, for Google to claim the title.
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