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Tci Fund Management Ltd Reduces Stake in Alphabet Inc.

Tci Fund Management Ltd Reduces Stake in Alphabet Inc.

Meet Your ETF AI Analyst

Tci Fund Management Ltd, managed by Christopher Anthony Hohn, recently executed a significant transaction involving Alphabet Inc. Class A ((GOOGL)). The hedge fund reduced its position by 3,155,110 shares.

Spark’s Take on GOOGL Stock

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

Alphabet’s strong financial performance and positive earnings call sentiment are the primary drivers of its high score. The company’s strategic investments in AI and cloud services are enhancing growth prospects. However, the high valuation and increased costs pose some risks.

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

More about Alphabet Inc. Class A

YTD Price Performance: 46.50%

Average Trading Volume: 33,468,737

Current Market Cap: $3338.5B

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