Is Alphabet (GOOGL) One of the Best Stocks to Buy According to Seth Klarman?

Group 1: Investment Insights - Alphabet Inc. is considered one of the best stocks to buy according to investor Seth Klarman, who holds 1.85 million shares valued at $452.5 million as of December 12 [1] - The average price target for Alphabet suggests a potential upside of 7%, while the highest target indicates an upside of 40% [1] Group 2: Analyst Ratings and Market Trends - Truist analyst Youssef Squali maintained a Buy rating on Alphabet and raised the price target from $320 to $350, citing robust consumer spending and record holiday e-commerce and ad spend [2] - The increase in price target is attributed to larger ad revenues, ongoing e-commerce trends, and growth in future revenue assumptions for Other Bets, particularly with Waymo's expansion [2] Group 3: Financial Performance - Alphabet reported a record third quarter with consolidated revenue of $102.3 billion, reflecting a 16% year-over-year increase, and achieved double-digit growth across all primary business segments [3] - The CEO highlighted strong momentum in AI initiatives, with the Gemini App reaching over 650 million monthly active users and Google Cloud ending the quarter with a $155 billion backlog [3]