Google (GOOG) stock has been dead money for a year – a source of frustration for investors who have taken a flyer on this risky stock. Google shareholders on Wednesday endorsed the course set by the Internet titan, rejecting proposals to dilute its power structure and scrutinize investments in renewable energy. Voting at the California-based company’s annual shareholders meeting ended with the recommended slate of board members elected and passage of a company proposal to increase the potential number of C Class shares issued. Analysts remain bullish on Google stock with an average rating of “outperform” and an 18 month price target of $643.54. The stock is up 119% over the past 5 years.
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