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Google's growth is go-go-go

Google is on the plus-side.
The search giant -- which is earning positive reviews for its new social-networking offering Google+ -- is also getting a thumbs up from Wall Street.
Yesterday, the stock jumped 13 percent to close at $597.62.
Shares in the company have been surging since the launch of its Facebook rival in June, giving investors reason to believe the company is on a Web 2.0 growth trajectory.
Also, the company reported blowout results yesterday, thanks to the strength of its core search ad business, easing fears that the company was spending too much on its social initiatives and other pet projects.
In a call with analysts to discuss earnings, CEO Larry Page went a long way to assure Wall Street that Google wasn't "betting the farm" on money-losing projects and had strong numbers to back it up.
Google's stock has stormed back from what was looking like a nasty start to the year, with its shares down as much as 20 percent. After yesterday's rise, the stock is almost in positive territory for the year.

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