A Bull Market Is Coming: 2 Artificial Intelligence (AI) Growth Stocks That Brilliant Money Manager Ken Griffin Is Buying Hand Over Fist
Ken Griffin's Citadel is the most profitable hedge fund in history. As of December 2022, it had earned nearly $66 billion for clients since its inception in 1990, while Ray Dalio's Bridgewater ranked second with $58 billion in profits. That accomplishment qualifies Griffin as a brilliant investor, and it makes his recent stock purchases particularly noteworthy.
During the second quarter, Griffin tripled his stake in Amazon (NASDAQ: AMZN) and doubled his stake in (NASDAQ: MSFT), signaling high conviction in two companies that are leaning aggressively into growing demand for artificial intelligence (AI). Indeed, excluding options contracts, Amazon is now his seventh-largest holding, and Microsoft is his largest holding.
Here's what investors should know.
Source Fool.com
Microsoft Corp. Aktie
Die Community unterstützt Microsoft Corp. stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein Kursziel von 426 € für Microsoft Corp. signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 382.55 €.