Wedgwood Partnerthe investment management company released its first quarter 2025 investor letter. A copy of a letter can do so I downloaded it from here. In the first quarter, the net returns for Wedgwood Composite were -6.3% compared to Standard & Poor’s -4.3%, -10.0% of the Russell 1000 Growth Index and the Russell 1000 Value Index’s 2.1% return over the same period. Plus, you can check out the best 5 holdings in the fund to find out the best picks of 2025.
In its first quarter, 2025 investor letter, Wedgwood Partners highlighted stocks such as Alphabet Inc. (NASDAQ: GOOG). Google’s parent company, Alphabet Inc. (NASDAQ: GOOG), offers a variety of platforms and services operated through Google Services, Google Cloud, and other BET segments. Alphabet Inc. (NASDAQ:GOOG)’s one-month return was -6.48%, and its shares have lost 0.88% of its value in the past 52 weeks. On April 16, 2025, Alphabet Inc. (NASDAQ:GOOG) shares closed at $155.50 per share, with a market capitalization of $1.881 trillion.
Wedgewood Partners said about Alphabet Inc. (NASDAQ: GOOG).
“Alphabet Inc. (NASDAQ: GOOG) It also did not undermine performance during the quarter despite a +13% growth in the core search business and segment revenues for Google Services increased by more than 20%. The company’s search results benefit from the addition of “genai” (generative artificial intelligence) responses, which are monetized at roughly the same speed as traditional search results. With Alphabet’s Google subsidiary serving billions of users per day, it’s not a feat to be able to offer Genai for free to users. Google has long been at the forefront of AI hardware and software R&D, deploying tensor processing units (TPUs) to perform machine learning operations on large datasets nearly a decade ago. The company should be able to continue to drive growth thanks to these large long-term investments in AI and other technical software and infrastructure. ”
Laptop and phone opened to Google services in daily settings.
Alphabet Inc. (NASDAQ:GOOG) is in the 7th position on our list 30 Most Popular Stocks of Hedge Funds. According to the database, the 174 hedge fund portfolio held Alphabet Inc. (NASDAQ: GOOG) at the end of the fourth quarter, which was 160 in the last quarter. 2024, Alphabet Inc. (NASDAQ: GOOG) Achieve Compared to 2023, revenue growth rate reached $350 billion, at 14%. Revenue for the fourth quarter was $96.5 billion, reflecting a 12% increase in both reporting and certain currencies. While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOG) as an investment, our belief lies in the belief that AI stocks offer higher returns and hold a greater promise to do so within a shorter time frame. If you’re looking for AI stocks that are as promising as Nvidia, but traded at less than five times the revenues, Cheapest AI stocks.
