Goldman Sachs Value Stocks: Top 12 Stock Picks

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1. Alphabet Inc. (NASDAQ:GOOG)

Goldman Sachs’ Q4 2024 Stake Value: $8,970,269,282

P/E Ratio as of April 11: 18.21

Number of Hedge Fund Holders: 174

Alphabet Inc. (NASDAQ:GOOG), the Google parent company, is placed first on our list of the Goldman Sachs value stocks. At the end of Q4 2024, Goldman owned 47.3 million shares of Alphabet, worth nearly $9 billion. On April 10, Citi retained a Buy rating on GOOG but slashed the price target from $229 to $195. Analyst Maria Ripps sees robust progress in Google Cloud’s AI tools and infrastructure but trimmed the price target due to ad market uncertainty.

On March 18, Alphabet Inc. (NASDAQ:GOOG) announced its acquisition of cloud security firm Wiz for $32 billion in cash. This move is meant to solidify Google Cloud’s security tools, especially as AI use and multicloud setups become more common. Wiz, known for its user-friendly platform that works across major cloud providers, will stay compatible with AWS, Azure, and others.

Alphabet Inc. (NASDAQ:GOOG) declared a $0.20 per share quarterly dividend on February 7, 2025. The dividend was distributed on March 17, to shareholders listed by March 10. Overall, the company shelled out $2.4 billion in dividends for the fourth quarter of 2024.

According to Insider Monkey’s fourth quarter database, 174 hedge funds held stakes in Alphabet Inc. (NASDAQ:GOOG), up from 160 funds in the prior quarter.

Overall, GOOG ranks first among the Goldman Sachs Value Stocks: Top 12 Stock Picks. While we acknowledge the potential of value stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GOOG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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