Was Ronald Hua’s QTRON Investments Right About These 5 Stocks?

In this article, we discuss the top 5 stock picks of Ronald Hua’s QTRON Investments based on its Q3 2021 portfolio and evaluate its performance based on the return of its holdings over the past 12 months. If you want to read our detailed analysis of Ronald Hua’s history, investment philosophy, and hedge fund performance, go directly to Was Ronald Hua’s QTRON Investments Right About These 10 Stocks?.

5. Alphabet Inc. (NASDAQ:GOOG)

QTRON Investments’ Stake Value: $6.25 million
Percentage of QTRON Investments’ 13F Portfolio: 1.68%
GOOG’s Performance Over the Past 12 Months as of November 19: -34%

Alphabet Inc. (NASDAQ:GOOG) is a collection of businesses, the largest of which is Google.

By the end of September, 156 funds out of the 867 tracked by Insider Monkey had stakes in Alphabet Inc. (NASDAQ:GOOG), up from 155 in the previous quarter. The company represents 1.68% of the total investment portfolio of the hedge fund at the end of the third quarter of 2021.

On October 27, Oppenheimer increased its price target on Alphabet Inc. (NASDAQ:GOOG) and the stock was given an Outperform rating.

Saturna Capital, in its Q3 2021 investor letter, mentioned Alphabet Inc. (NASDAQ:GOOG). Here is what the fund said:

“Alphabet was a new addition to the Fund this year, as we believed it important to have exposure to the top online media and advertising company in the world. Some have raised concerns surrounding Alphabet’s exposure to political interference, but we take comfort from the belief that were the company to be broken up, it would quite likely be worth even more than as a single entity.”