From Yahoo Finance: 2025-05-20 09:32:00

ClearBridge Investments released its Q1 2025 investor letter, noting the S&P 500 Index declined by -4.3% due to a tariff war and tech stock shift. The Russell 1000 Value Index outperformed growth stocks. The ClearBridge strategy underperformed the benchmark. Check out the fund’s top five holdings for 2025 picks.

Alphabet Inc. (NASDAQ:GOOG) was highlighted in ClearBridge’s investor letter, offering various services through Google Services, Google Cloud, and Other Bets segments. GOOG stock had a one-month return of 9.08% and closed at $167.87 per share on May 19, 2025, with a market cap of $2.03 trillion.

ClearBridge’s Q1 2025 investor letter discussed Alphabet Inc. (NASDAQ:GOOG), noting weakness in communication services due to a market shift away from AI leaders. Concerns arose about competition in search with startups like OpenAI and Meta Platforms. Despite being cash-generative, ClearBridge reduced its position in Alphabet due to increasing competition.

Alphabet Inc. (NASDAQ:GOOG) ranks 7th among the 30 most popular stocks among hedge funds. 174 hedge fund portfolios held GOOG at the end of Q4 2024. In Q1 2025, GOOG achieved a revenue of $90.2 billion, with potential seen in AI stocks for higher returns. For a promising AI stock trading at less than 5 times earnings, check out the report on an undervalued AI stock set for massive gains.

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