Here’s Middle Coast Investing’s View on Alphabet (GOOG)

Core Insights - Middle Coast Investing's third-quarter 2025 investor letter indicates a strong performance, with its portfolio returning 9.6%, outperforming the S&P 500's 7.8% return [1] - The Core U.S. portfolios achieved a return of 10%, while the Russell 2000 returned 12%, the S&P 600 returned 8.7%, and the Nasdaq generated 11.2% during the same period [1] - European Portfolios appreciated by 5.5% in Q3 2025 [1] Company Focus: Alphabet Inc. (NASDAQ:GOOG) - Alphabet Inc. (NASDAQ:GOOG) was highlighted as a key investment, with a one-month return of 5.21% and a 52-week gain of 49.86% [2] - As of October 3, 2025, Alphabet's stock closed at $246.45 per share, with a market capitalization of $2.975 trillion [2] - Middle Coast Investing invested in Alphabet when it was perceived as an AI underperformer, noting the growth of its Gemini platform and the positive impact of a recent anti-trust ruling on its stock price [3] Hedge Fund Interest - Alphabet Inc. ranks 7th among the 30 Most Popular Stocks Among Hedge Funds, with 178 hedge fund portfolios holding its shares at the end of Q2 2025, up from 164 in the previous quarter [4] - In Q2 2025, Alphabet reported a revenue of $96.4 billion, reflecting a 14% increase compared to Q2 2024 [4] - While Alphabet is recognized for its potential, the company suggests that certain AI stocks may offer greater upside potential with less downside risk [4]