Billionaire Ken Fisher’s Top 15 Stock Picks Heading into 2025

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5. Alphabet Inc (NASDAQ:GOOGL)

Fisher Asset Management’s Equity Stake: $8.27 Billion

Number of Hedge Funds Holding Stakes: 202

Alphabet Inc. (NASDAQ:GOOGL) earns most of its money from ads on Google and YouTube, and it also sells apps and in-app purchases. Despite pressure from regulators to sell Google Chrome, Alphabet remains strong with many growing segments like Google Cloud, Google Pay, and the Google Store.

Alphabet Inc. (NASDAQ:GOOGL) is famous for its Google search engine, which holds 90% of the market. The company is also making progress in AI. Pixel phone users can highlight items on the screen for AI-assisted searches, and 25% of Google’s code is now written by AI. Google Cloud helps businesses create AI apps, and Waymo; Alphabet’s self-driving car service, gives over 150,000 rides every week. These AI efforts helped Alphabet earn $88.3 billion in Q3, a 15% increase, with net income up 33% to $26.3 billion.

The fact that 15 of Alphabet Inc. (NASDAQ:GOOGL)’s products and services are used by over 500 million people affirms its dominance as an internet company. The vast business empire generated $17.6 billion in free cash flow in the third quarter. Consequently, it remains one of billionaire Ken Fisher’s top 15 stock picks heading into 2025 as it returns value to shareholders through buybacks and dividend payouts.

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