Stewart Asset Management Team at Ingalls Investment Management, LLC on Alphabet Inc.
Thesis
Stewart owns Alphabet as one of the major hyperscalers providing computing infrastructure for leading AI models. The position has been held for several years and gives the portfolio exposure to what Stewart views as a powerful industrial trend around artificial intelligence. The manager believes the underlying value of leading businesses can grow steadily even when their share prices experience significant volatility during major technology adoption cycles.
“Alphabet and Amazon, long-standing investments of several years, and a smaller, more recently added holding in Microsoft.”