Alphabet Inc (GOOGL, Financial) was a key holding in the Franklin Growth Fund's Q2 2024 commentary, highlighting its strategic importance in the portfolio. The fund managers emphasized Alphabet's leadership in digital advertising and AI as pivotal to its investment rationale.
"Alphabet's continued innovation in AI and its stronghold in digital advertising make it an essential component of our portfolio, driving sustained growth." — Franklin Growth Fund, Q2 2024 Fund Letter
Read full letter at gurufocus franklin growth fund q2 2024 commentary 2024 Q2 page.