Alphabet Inc. (GOOG): Among the Best Long-Term Stocks to Buy According to Ken Fisher

We recently compiled a list of the 12 best long-term stocks based on insights from Ken Fisher. 

In this article, we take a closer look at where Alphabet Inc. (NASDAQ: GOOG) stands among its peers.

The Legacy of Ken Fisher

Ken Fisher is a renowned investment analyst, billionaire, and the founder of Fisher Asset Management — one of the world's most successful hedge funds. Born in California in 1950, Fisher's early exposure to investing came through his father, Philip A. Fisher, a legendary stock investor. After earning an associate degree in economics from California State Polytechnic University, Humboldt, in 1972, he founded Fisher Investments in 1979. Today, the firm manages close to $252 billion in 13F securities, and Fisher's extensive experience has made him a key voice in the investment community.

Our Stock Selection Methodology

For our analysis, we focused on stocks that have consistently appeared in Fisher Asset Management’s 13F portfolio over the past three years. These companies, also favored by other prominent hedge funds, represent some of the best long-term investment opportunities. Our quarterly newsletter, which selects 14 small-cap and large-cap stocks, has outperformed the market significantly since its inception in May 2014.

Alphabet Inc. in Focus

Alphabet Inc. (NASDAQ: GOOG) is a California-based technology powerhouse best known for its ownership and operation of the Google search engine. In the fourth fiscal quarter of 2024, Alphabet reported a 12% year-over-year increase in consolidated revenues, reaching $96.5 billion. This robust performance underscores the company’s strong market position and its ongoing momentum.

In February, reports emerged that Alphabet had lifted a long-standing ban on using artificial intelligence (AI) for developing weapons and surveillance tools. The company updated its ethical guidelines on AI by removing the clause that barred such applications. Alphabet maintains that while AI presents risks, it is crucial to manage these challenges responsibly through careful design, testing, and iterative development.

Ranking and Investment Perspectives

According to our analysis based on Ken Fisher’s criteria, Alphabet ranks 5th among the best long-term stocks to buy. Despite its solid fundamentals and impressive growth, our research indicates that there might be alternative stocks with higher growth potential and more attractive earnings multiples. Investors seeking stocks with a price-to-earnings ratio of less than 5 may find other opportunities more appealing.

Stay tuned to The Horizons Times for more expert analysis and the latest updates on the best long-term investment opportunities.