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Alphabet (GOOGL) is experiencing a significant influx of institutional investment following its robust Q1 performance, highlighted by a 22% revenue increase and an 82% surge in EPS. Recent filings reveal that Fisher Asset Management has further increased its stake in GOOG by 2,460 shares, signaling continued institutional conviction. Additionally, the firm significantly expanded its semiconductor exposure by adding 847,157 shares of Broadcom (AVGO) to its portfolio. These strategic moves by 'Big Money' players underscore the sustained demand for Big Tech leaders with strong fundamental growth. Analysts believe this institutional backing, combined with massive earnings beats, provides a solid foundation for further upside potential in the sector.
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