The Difference: GOOG vs GOOGL
When it comes to technology and online businesses, Google is one name that swiftly comes to mind. Google has become a household name, with billions of people using their services every day. However, some may not be aware that Google has two different stocks trading on the NASDAQ – GOOG and GOOGL.
What is GOOG?
GOOG represents Google’s Class C shares, which has been trading on the NASDAQ since 2014. These shares do not come with voting rights in the company’s annual meetings. This means that shareholders of GOOG do not have any say in the company’s decision-making or control over the company.
What is GOOGL?
GOOGL represents Google’s Class A shares, which are also listed on the NASDAQ. Unlike Class C shares, Class A shares come with voting rights in the company’s annual meetings, giving shareholders a say in the company’s decision-making.
Which One Should You Invest In?
The decision to invest in either GOOG or GOOGL depends on one’s investment goals. If you are a long-term investor looking for higher returns, GOOGL might be the better option for you. This is because the voting rights that come with GOOGL shares give you a voice in the company’s decision-making, which can affect the company’s long-term growth and stability.
On the other hand, if you are a short-term investor looking to make quick profits, GOOG might be the better option. This is because the company’s Class C shares typically trade at a lower price compared to Class A shares, but still offer exposure to Google’s growth potential.
The Bottom Line
In conclusion, GOOG and GOOGL may seem similar but have distinct differences. As an investor, it is essential to understand the differences between the two before making a decision. Both of them offer exposure to Google’s growth potential, but their voting rights can significantly affect the long-term growth of the company. Ultimately, it all comes down to your investment goals, risk tolerance, and time horizon when choosing between GOOG and GOOGL.
Table difference between goog and googl
| Attribute | GOOG | GOOGL |
|---|---|---|
| Stock Name | Alphabet | |
| Class | Class C | Class A |
| Voting Rights | No Voting Rights | Multiple Voting Rights |
| Trading Price | Varies Slightly from GOOGL | Higher than GOOG due to higher voting power and dividend rights |
| Historical Performance | Has performed better than GOOGL historically | Has performed comparatively lesser than GOOG, but with higher control over the company |