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Holly LaFon
Holly LaFon
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Jerome Dodson Comments on Alphabet

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February 13, 2018 | About:

Alphabet (NASDAQ:GOOGL), the parent of Google, added 86 basis points to the Fund’s return, as its stock increased 32.9% from $792.45 to $1,053.40. The stock marched higher throughout the year, as revenue growth exceeded 20%. Mobile search, YouTube and digital advertising were the main growth drivers.

From Jerome Dodson (Trades, Portfolio)'s fourth-quarter 2017 Parnassus Fund shareholder letter.


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