4 Stocks Better than Apple According to Hedge Funds

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In this article, we discuss the 4 stocks better than Apple. If you want to read our detailed analysis of these stocks, go directly to the 9 Stocks Better than Apple According to Hedge Funds.

4. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 190  

Alphabet Inc. (NASDAQ:GOOGL) is a California-based company that provides online advertising services but also has interests in other internet-related businesses. The firm is split into Class A and Class C stocks. GOOGL is the Class A stock of the firm. It is ranked fourth on our list of 9 stocks better than Apple according to hedge funds.

On September 13, investment advisory Goldman Sachs initiated coverage of Alphabet Inc. (NASDAQ:GOOGL) stock with a Buy rating and a price target of $3,350, underlining that the internet sector still had opportunities for secular revenue growth. 

At the end of the second quarter of 2021, 190 hedge funds in the database of Insider Monkey held stakes worth $26 billion in Alphabet Inc. (NASDAQ:GOOGL), up from 185 in the preceding quarter worth $24 billion. 

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