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In its first-quarter 2025 investor letter, Columbia Threadneedle Global Technology Growth Strategy highlighted stocks such as Alphabet Inc. (NASDAQ: GOOG).

Mairs & Power, an investment advisor, released the “Mairs & Power Balanced Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here.

Alphabet shares rose more than 4 per cent in after-market trading. The company said it would buy back $70bn of shares, the same amount as last year.