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Billionaire investors like Warren Buffett and Stanley Druckenmiller have bought Alphabet (GOOG) shares in the third quarter, valuing over $5.6 billion. Alphabet has overcome a DOJ lawsuit and has strong innovation in artificial intelligence, trading at less than 30 times forward earnings. The company has a safety net due to its diversified businesses with long growth runways ahead, such as Google Ads, YouTube, and cloud computing.
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