When investing in Google, there are two stock exchange symbols to choose from: GOOG and GOOGL. Many investors wonder what the difference is between these two symbols and which one they should invest in.
In this article, we'll take a closer look at GOOG and GOOGL and explain the key differences between them. We'll also provide some tips on how to choose the right stock symbol for your investment goals.
## GOOG vs. GOOGL: What's the Difference?
GOOG is the ticker symbol for the Class A shares of Alphabet Inc., Google's parent company. GOOGL is the ticker symbol for the Class C shares of Alphabet Inc.
The main difference between Class A and Class C shares is that Class A shares have voting rights, while Class C shares do not. This means that Class A shareholders can vote on important company matters, such as electing the board of directors and approving mergers and acquisitions. Class C shareholders do not have this right.
## Which Stock Symbol Should You Invest In?
The decision of whether to invest in GOOG or GOOGL depends on your individual investment goals. If you are looking for a stock with voting rights, then GOOG is the better choice. If you are looking for a stock with a lower share price, then GOOGL is the better choice.
## Pros and Cons of GOOG and GOOGL
### GOOG
Pros:
Cons:
### GOOGL
Pros:
Cons:
## Common Mistakes to Avoid
When investing in GOOG or GOOGL, there are a few common mistakes to avoid:
## FAQs
GOOG is the ticker symbol for the Class A shares of Alphabet Inc., while GOOGL is the ticker symbol for the Class C shares of Alphabet Inc.
The decision of whether to invest in GOOG or GOOGL depends on your individual investment goals.
The pros and cons of GOOG and GOOGL are outlined in the table below:
Feature | GOOG | GOOGL |
---|---|---|
Share class | Class A | Class C |
Voting rights | Yes | No |
Share price | Higher | Lower |
Dividend yield | Lower | Higher |
Liquidity | More liquid | Less liquid |
Some common mistakes to avoid when investing in GOOG or GOOGL include:
* Investing in GOOG without understanding the difference between Class A and Class C shares
* Investing in GOOGL just because it has a lower share price than GOOG
* Selling your GOOG or GOOGL shares too soon
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