5 Best Cheap Stocks To Buy For 2024

Page 5 of 5

1. Alphabet Inc (NASDAQ:GOOG)

Number of Hedge Fund Holders: 166

Forward P/E Ratio as of April 20: 19.80

Alphabet Inc. (NASDAQ:GOOG), a prominent figure in the technology sector, is renowned for its flagship product, Google, the world’s leading search engine processing billions of daily queries. Additionally, the company boasts a diverse portfolio encompassing video streaming and productivity platforms, with YouTube standing out as a key asset.

Insider Monkey’s research covering hedge funds through December 2023 indicates that 166 out of 933 hedge funds held positions in Alphabet Inc. (NASDAQ:GOOG). The largest shareholder of the company is Fisher Asset Management, led by Ken Fisher, with holdings valued at $6.3 billion.

Disclosure: None. You can also take a look at 13 Best Momentum Stocks To Buy Now and 15 Biggest Silver Mining Companies in the World.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5