5 Best Wide Moat Stocks To Buy According To Hedge Funds

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Investors: 204

It’s really not difficult to see why Alphabet Inc. (NASDAQ:GOOGL) has a wide economic moat. Not only does it operate the world’s largest search engine platform, but its investments in cloud computing and artificial intelligence leave it well set up for the technologies of the future.

As of March 2023, 204 of the 943 hedge funds part of Insider Monkey’s database had invested in Alphabet Inc. (NASDAQ:GOOGL). Ken Fisher’s Fisher Asset Management is the biggest shareholder among these due to a stake worth $4.3 billion.

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