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Google shares gallop to new highs; stock up 700 percent since 2004

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NEW YORK (Reuters) – These days Google Inc is on a roll, making it the $800 gorilla in the room. Its shares hit an all-time closing high of $821. 50 on Monday and some securities analysts are already forecasting the search company could soon be a $1,000 stock. Its surge to new highs has come as its Android software dominates the mobile phone market and it continues to lead in mobile advertising. The gains have put Google firmly in third place among U. S. companies in terms of market value after Apple Inc and Exxon Mobil Corp. . . .

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