Reported about 12 hours ago
Billionaire hedge fund managers are heavily investing in Alphabet (NASDAQ: GOOG), viewing it as a solid long-term investment despite concerns about potential regulatory breakups. With Alphabet's stock trading at a discount relative to overall market earnings, and its revenue growing significantly, investors see potential for reaching millionaire status. While Alphabet's advertising business, primarily driven by Google, remains strong, analysts predict continued growth in 2025, reinforcing its position as a reliable choice within a diversified portfolio.
Source: YAHOO