5 Best Cheap Growth Stocks To Buy Now

2. Alphabet Inc. (NASDAQ:GOOGL)

Latest Price To Earnings Ratio: 25.26

Number of Hedge Fund Investors In Q2 2023: 204

Alphabet Inc. (NASDAQ:GOOGL) is one of the biggest technology companies in the world. As its peers continue to beef up their artificial intelligence investments, Alphabet Inc. (NASDAQ:GOOGL) is also rumored to be considering a multi hundred million dollar investment in a chatbot AI company.

Insider Monkey dug through 910 hedge fund portfolios for this year’s June quarter to discover 204 Alphabet Inc. (NASDAQ:GOOGL) investors. Out of these, the largest shareholder is Ken Fisher’s Fisher Asset Management as it owns 42 million shares that are worth $5.1 billion.

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