Patient Opportunity Fund Sees AI Strength at Alphabet
The fund grouped Alphabet with Meta and Amazon, citing expected 2027 valuation multiples and growth in operating income.
Key takeaways
- Patient Opportunity Equity Strategy named Alphabet among its attractive market opportunities.
- The letter cited 2027 P/E multiples of 21 to 24 times for Alphabet, Meta and Amazon.
Patient Opportunity Equity Strategy named Alphabet among its attractive market opportunities, citing the company’s position in an AI-driven future. The fund also grouped Meta and Amazon in its view.
In its third-quarter 2026 investor letter, the fund cited 2027 price-to-earnings multiples of 21 to 24 times and operating income growth above 20% for the three companies. Those figures were part of the fund’s rationale for calling them attractive opportunities.
The letter said Alphabet and Amazon had shown strong returns on their AI investments. It also pointed to the companies’ data, capital, technology and culture as advantages.
This article was produced with the help of AI technology. Source: Yahoo Finance
