What Makes Alphabet (GOOGL) an Attractive Investment Now?

Third Point Management, a New York-based investment advisor, released its first-quarter 2023 investor letter. A copy of the same can be downloaded here. The Third Point Offshore Fund returned -4.1% net in the first quarter compared to a 7.5% return for the S&P 500 INDEX (TR) and a 7.9% return for the MSCI WORLD INDEX (TR). In addition, please check the fund’s top five holdings to know its best picks in 2023.

Third Point Management highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL) in...