Here’s Why Wedgewood Thinks Alphabet Inc. (GOOG) is “Attractive to Investors of All Stripes”
Wedgewood Partners, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of +4.8% was reported by the fund for the Q1 of 2021, outperforming its Russell 1000 Growth benchmark that delivered a 1% return, but below both the S&P 500 and Russell 1000 Value Index that had a 6.2% and 11.3% gains in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wedgewood Partners, in their Q1 2021 investor letter, mentioned Alphabet Inc. (NASDAQ: GOOG) and shared their insights on the company. Alphabet Inc. is a Menlo Park, California-based technology company and internet-related services provider, that currently has a $1.5 trillion market capitalization. Since the beginning of the year, GOOG delivered a 29.33% return, extending its 12-month gains to 79.47%. As of April 13,
California
United-states
Menlo-park
Asif-islam-shutterstock
Google
Alphabet-inc
Federal-reserve
Nasdaq
Wedgewood-partners
Google-plus
Yasif-islam
Popular-stocks-among-hedge
Here’s Why This Fund Is Trimming Its Alphabet Inc. (GOOG) Position
Nelson Roberts Investment Advisors, an employee-owned investment advisory firm that provides asset and wealth management published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. The Firm’s focal point and target is to maintain a long term value and growth of assets over time. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Nelson Roberts Investment Advisors’ in their Q3 2020 Investor Letter said that they were cashing out of Alphabet Inc. (NASDAQ: GOOG). Alphabet Inc. is a global conglomerate that currently has a $1.171 trillion market cap. For the past 3 months, GOOG delivered a 10.37% return and settled at $1,736.19 per share at the closing of January 15th.
Asif-islam-shutterstock
Alphabet-inc
Federal-reserve
Nasdaq
Nelson-roberts-investment-advisors
Roberts-investment-advisor
Investor-letter
Google-plus
Yasif-islam
Among-hedge
Insider-monkey
Free-daily-newsletter