2 Disruptive Stocks This Billionaire Is Buying
Artificial intelligence (AI) might be the most transformative technology ever created. By infusing machines with the capacity to learn, understand, and make decisions, improvements in efficiency and productivity should stimulate businesses using AI as well as the broader economy. And some of the companies that harness that technology will create tremendous wealth for their shareholders.
Building on that idea, billionaire fund manager Larry Fink recently added shares of CrowdStrike Holdings (NASDAQ: CRWD) and Lemonade (NYSE: LMND) to BlackRock's portfolio. Of course, as the largest asset manager in the world, BlackRock owns a piece of virtually every company, but Fink's decision to buy is still noteworthy. CrowdStrike and Lemonade have built their businesses around AI, and both have strong prospects.
Here's what you should know about these two disruptive stocks.
Source Fool.com
