What Makes Alphabet (GOOG) a Long-Term Holding?

1 hour ago 3

Soumya Eswaran

Wed, April 29, 2026 astatine 6:40 AM CDT 3 min read

Wedgewood Partners, an concern absorption company, released its first-quarter 2026 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Wedgewood Composite returned -6.3% (net) successful the archetypal 4th compared to the S&P 500’s -4.3%, the Russell 1000 Growth Index’s -9.8%, and the Russell 1000 Value Index’s 2.1% returns. The missive mentioned the ongoing war, highlighting the swift effect of fiscal and commodities markets to subject strikes and geopolitical commentary. Historically, lipid shocks person consistently displayed a important power connected planetary fiscal markets. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Wedgewood Partners highlighted stocks similar Alphabet Inc. (NASDAQ:GOOG). Alphabet Inc. (NASDAQ:GOOG), the genitor institution of Google, offers assorted platforms and services, including online hunt and advertising, unreality solutions, and artificial intelligence. On April 28, 2026, Alphabet Inc. (NASDAQ:GOOG) banal closed astatine $347.50 per share. One-month instrumentality of Alphabet Inc. (NASDAQ:GOOG) was 17.84%, and its shares gained 115.99% implicit the past 52 weeks. Alphabet Inc. (NASDAQ:GOOG) has a marketplace capitalization of $4.20 trillion.

Wedgewood Partners stated the pursuing regarding Alphabet Inc. (NASDAQ:GOOG) successful its Q1 2026 capitalist letter:

"Alphabet Inc. (NASDAQ:GOOG) grew its halfway hunt gross by +17% and continues to accelerate arsenic users walk much clip connected Google properties, driven by the Company's AI offerings (AI Mode and AI Overviews). At the aforesaid time, Google advertisers are adopting much AI-enabled tools to amended advertisement relevance and accuracy. These AI gains are unlocking important productivity and driving borderline enlargement crossed some halfway Google services and the $70 cardinal run-rate Google Cloud business. Given this monolithic operating leverage, an accelerating gross profile, and a historical quality to make precocious returns connected invested capital, we judge their elevated capex spending plans this twelvemonth are afloat justified. We proceed to clasp Alphabet arsenic a apical weighting."

Alphabet Inc. (NASDAQ:GOOG) ranks 7th connected our database of 40 Most Popular Stocks Among Hedge Funds. As per our database, 203 hedge money portfolios held Alphabet Inc. (NASDAQ:GOOG) astatine the extremity of the 4th fourth which was 186 successful the erstwhile quarter. In 2025, Alphabet Inc. (NASDAQ:GOOG) achieved its first-ever $400 cardinal yearly revenue. While we admit the imaginable of Alphabet Inc. (NASDAQ:GOOG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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