5 Most Promising Growth Stocks According to Analysts

3. Alphabet Inc. (NASDAQ:GOOGL)

Average Analyst Share Price Upside: 12%

Alphabet Inc. (NASDAQ:GOOGL) is a mega cap technology firm with a commanding presence across several lucrative technology sectors. December 2023 has been all about antitrust woes at the firm’s Google division as after it lost a court case, it also announced a $700 million settlement related to its Android software.

By the end of this year’s third quarter, 221 out of the 910 hedge funds profiled by Insider Monkey were Alphabet Inc. (NASDAQ:GOOGL)’s shareholders. Out of these, the biggest stakeholder was Ken Fisher’s Fisher Asset Management through a $5.7 billion stake.

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