Top 5 Stock Picks of Felix Wai’s Zeno Research

2. Alphabet Inc. (NASDAQ:GOOG)

Zeno Research’s Stake Value: $12.736 million

Number of Hedge Fund Holders: 205

Alphabet Inc. (NASDAQ:GOOG) is down 20% year to date. Loop Capital recently decreased their price target on the stock from $3,400 to $2,765.

Alphabet Inc. (NASDAQ:GOOG) was mentioned by Baron Funds in its Q1 2022 investor letter. Here is what it said:

“We have modestly reduced the size of our position in Alphabet Inc. (NASDAQ:GOOG) (from 6.5% at the end of the fourth quarter of 2021 to 5.3% as of the end of the first quarter of 2022), after the stock rallied 64% in 2021 and continued outperforming during the first quarter, declining just 3%.”