Although Munster lacks confidence in Google’s mobile strategy, he forecasted growth over the next few years as the company continues to dominate the Internet. Munster told investors to expect continued strength in paid clicks as well as a 20 percent revenue upside in the next few years.
—By CNBC.com’s Madeline Laskoski
Additional News: Google Revamping Search to Filter Out ‘Spam’ Sites
Additional Views: Top Tech Picks From a Hedge Fund Guru ______________________________
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Gene Munster does not personally own stock in Google or Motorola.
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