Al Gore’s Generation Investment Portfolio: Top 5 Stock Picks

2. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 156

As Alphabet Inc. (NASDAQ:GOOG) has increased its focus on artificial intelligence to drive greater product functionality, recently, Tigress Financial raised its price target on the stock to $3,540, with a Strong Buy rating on the shares. In Q3, Generation Investment Management held 528,259 shares in Alphabet Inc. (NASDAQ:GOOG), worth over $1.4 billion. The company accounted for 5.85% of Al Gore’s portfolio. In the third quarter, Alphabet Inc. (NASDAQ:GOOG) presented a 41% year-over-year growth in its revenue at $65.1 billion.

As of Q3 2021, 156 hedge funds tracked by Insider Monkey were bullish on Alphabet Inc. (NASDAQ:GOOG), up from 155 in the previous quarter. The total value of these stakes is roughly $35 billion, compared with $33.7 billion in Q2.

Saturna Capital mentioned Alphabet Inc. (NASDAQ:GOOG) in its Q3 2021 investor letter. Here is what the firm has to say:

“Alphabet was a new addition to the Fund this year, as we believed it important to have exposure to the top online media and advertising company in the world. Some have raised concerns surrounding Alphabet’s exposure to political interference, but we take comfort from the belief that were the company to be broken up, it would quite likely be worth even more than as a single entity.”