From Yahoo Finance: 2025-04-17 10:36:00

Wedgewood Partners, an investment management company, released its first-quarter 2025 investor letter. The Wedgewood Composite had a net return of -6.3% compared to the market indices. Alphabet Inc. (NASDAQ:GOOG) was highlighted in the letter, with a one-month return of -6.48% and a market capitalization of $1.881 trillion.

In the Q1 2025 investor letter, Wedgewood Partners discussed Alphabet Inc. (NASDAQ:GOOG)’s performance, highlighting its core search business growth and AI investments. Alphabet Inc. (NASDAQ:GOOG) holds the 7th position among the 30 most popular stocks among hedge funds, with revenue reaching $350 billion in 2024.

Alphabet Inc. (NASDAQ:GOOG) continues to attract investor interest, with 174 hedge fund portfolios holding the stock at the end of the fourth quarter. Despite its revenue growth and market position, some investors believe that AI stocks offer greater promise for higher returns in a shorter timeframe. Middle Coast Investing’s views on Alphabet Inc. (NASDAQ:GOOG) are also discussed in another article.

Read more: What Makes Alphabet (GOOG) a Long-Term Investment?