GOOGL - Some of the Biggest Billionaires in the World Own Shares of This Stock. Time to Buy?
2024-05-05 07:05:00 ET
When it comes to investing in stocks, there are typically no right or wrong investments aside from those that lose money. Deciding what stocks work for you should depend on your risk tolerance, investment goals, and time horizon, and those can vary widely by person.
Billionaires (particularly those who made their money via investments) have different financial resources than the average investor, but that doesn't mean the latter shouldn't look to the former for investment inspiration. After analyzing the hedge funds of 16 prominent billionaire investors , The Motley Fool found that one company appeared frequently in their top holdings: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) .
Given that fact and its recent stock price surge, is now the time to add Alphabet to your portfolio? I believe so.
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Some of the Biggest Billionaires in the World Own Shares of This Stock. Time to Buy?