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This dominant tech firm is one of the world’s elite companies.
Let’s not beat around the bush. As individual investors, our goal is to become wealthy one day. For each person, that exact dollar amount is different.
It makes sense that as we look at stocks to add to our portfolios, we might try to copy some of the wealthiest investors. Due to reporting requirements, billionaire hedge fund managers’ holdings are open for the public to see.
There’s one “Magnificent Seven” stock that is clearly popular among this elite crowd, as 11 of 16 top hedge-fund firms owned it (as of Dec. 31). Here are four reasons why Alphabet (GOOGL -0.46%) (GOOG -0.40%) is a no-brainer business to buy for your own portfolio.
1. Competitive strengths
Key reasons the gargantuan internet enterprise should be on your radar are its notable competitive strengths.
The first advantage Alphabet has is intangible: data….
Source www.fool.com
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