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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Alphabet Inc. (GOOGL) the Best NASDAQ Stock to Buy According to Billionaires?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate that is known for its Google search engine and related services.

The latest market data shows that the US economy contracted at an annualized rate of 0.3% during the first quarter of 2025 .

In this backdrop, the NASDAQ slipped another 0.09% on May 1 , to end at 17,446.34 .

Alphabet Inc. (NASDAQ:GOOGL) is one of the best NASDAQ stocks to buy according to billionaires.

The Google Services segment was the largest contributor with $77.3 billion in revenue, reflecting a 10% increase.

Google Cloud segment experienced the fastest growth with revenue growing 28% year-over-year .