Key Points Warren Buffett's Berkshire Hathaway initiated a stake in Alphabet in Q3. News of Berkshire's new stake in Alphabet helped boost the stock's already impressive gains this year. Shares trade at a reasonable valuation relative to its strong business growth. 10 stocks we like better than Alphabet › Shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) have been on a powerful run this year, and the climb accelerated after Berkshire Hathaway disclosed a multibillion-dollar stake on Nov. 14. The ...