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Hotchkis & Wiley Boosts Stake in Alphabet Inc.

Confident Investing Starts Here:

Hotchkis & Wiley Capital Management LLC, managed by George Davis Jr, recently executed a significant transaction involving Alphabet Inc. Class A ((GOOGL)). The hedge fund increased its position by 44,260 shares.

Spark’s Take on GOOGL Stock

According to Spark, TipRanks’ AI Analyst, GOOGL is a Outperform.

Alphabet’s stock is rated highly due to its strong financial performance, robust growth in various segments, and strategic corporate actions. Technical indicators and a fair valuation further support a positive outlook, despite some challenges in advertising revenue and increased expenses.

To see Spark’s full report on GOOGL stock, click here.

More about Alphabet Inc. Class A

YTD Price Performance: -12.54%

Average Trading Volume: 38,107,087

Current Market Cap: $1943.3B

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