Alphabet (GOOG) Has Risen 19% in Last One Year, Outperforms Market

If you are looking for the best ideas for your portfolio you may want to consider some of RiverPark Advisors top stock picks. RiverPark Advisors, an investment management firm, is bullish on Alphabet Inc. (NASDAQ:GOOG) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on Alphabet Inc. (NASDAQ:GOOG) stock. Alphabet Inc. (NASDAQ:GOOG) is a technology company.

In July 2019, RiverPark Advisors had released its Q2 2019 investor letter. The investment firm said that Alphabet Inc. (NASDAQ:GOOG) stock was one of the top detractors to the Large Growth fund’s performance in Q2 2019. Alphabet Inc. (NASDAQ:GOOG) stock has posted a return of 19.2% in the trailing one year period, outperforming the S&P 500 Index which returned 10.7% in the same period. This suggests that the investment firm was right in its decision. On a year-to-date basis, Alphabet Inc. (NASDAQ:GOOG)

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