Weekly Stock Spotlight

Featured Stock: Alphabet (GOOGL)

  • Alphabet Inc Class A: GOOGL
  • Alphabet Inc Class C: GOOG
  • Market Cap: $656B
  • 2016 Rev.: $90.3B
  • Founded: September 4, 1998
  • Founders: Larry Page and Sergey Brin
  • CEO: Sundar Pichai
  • HQ: Mountain View, California, USA
52-Wk Low: 672.66 / 52-Wk High: 1,008.61

iBillionaire Investors:

7 out of 15 Billionaires on the iBillionaire platform own GOOGL stock

iBillionaire Investors:

  1. Leon Cooperman
  2. Dan Loeb
  3. Larry Robbins
  4. Chase Coleman

5. Julian Robertson

6. Ray Dalio

7. George Soros

Google at a Glance:

Although now owned by the parent holding company, Alphabet Inc, Google remains the go-to internet giant we all love and use on a daily basis. In fact, since the release of the search engine in the late 90s, Google has become so much more: the most profitable lines of business include Google AdWords, AdSense and Search Advertising, Android, Google Fiber, Nest Labs (producer of smart thermostats) and, Verily Life Sciences (health projects). Let’s not forget Google’s research on self-driving cars.

Google remains a strong long-term growth opportunity: the founders Page and Brin continue to diligently work on their vision to “organize the world’s information”, which included the decision to split stock in 2014 to retain company control. The 2 classes of public shares you can buy are GOOGL, which retains voting rights and, GOOG, which does not. It’s no wonder than 7 of our billionaires are invested in GOOGL stock!