Middle Coast Investing highlights Alphabet Inc. as a better stock option, achieved revenue growth of 14%.

From Yahoo Finance: 2025-04-16 11:04:00

Middle Coast Investing released its first-quarter investor letter, detailing a difficult but manageable quarter following the Liberation Day crash. The firm increased cash goal levels by 5% for each portfolio, selling 3% more than it bought. US Portfolios returned -3.7%, while European Portfolios appreciated by 9.2%. In Q1 2025, Alphabet Inc. (NASDAQ:GOOG) shares closed at $158.68 per share with a market cap of $1.918 trillion. Middle Coast Investing emphasized Alphabet Inc. (NASDAQ:GOOG) in its investor letter, highlighting its one-month return of -4.57%. The company holds the 7th position among the 30 Most Popular Stocks Among Hedge Funds, with 174 hedge fund portfolios holding it at the end of the fourth quarter. Alphabet Inc. (NASDAQ:GOOG) achieved a revenue growth of 14% in 2024, reaching $350 billion.



Read more at Yahoo Finance: What Makes Alphabet (GOOG) a Better Stock Compared to its Peers?