America's Largest Pension Fund Is Buying These 2 Megacap Growth Stocks
The California Public Employees' Retirement System, known as CalPERS, manages the largest pension fund in the U.S. Its portfolio of stocks, private debt and equity, bonds, real estate, and other investments totals $452.3 billion. And it's responsible for the retirement benefits for nearly 3,000 public employers in the state of California. So, the moves made in the fund portfolio aren't to be taken lightly.
Well, CalPERS just added shares to two of its largest holdings in the third quarter, (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA). Should you follow in CalPERS footsteps? Or might there be some alternate options from stocks that compete with these two choices and also perform well?
California is known as a leading state in the push toward getting more electric vehicles (EVs) on the road, so it's understandable that it's putting its money where its mouth is.
Source Fool.com
Tesla Inc Aktie
Tesla Inc sticht etwas positiv hervor mit 76 Buy- und 28 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Tesla Inc von 248 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 194.94 €.
