4 Fast-Growing Stocks Billionaires Can't Stop Buying
Despite a return of volatility on Wall Street over the past couple of weeks, it looks like it will be another special year for equities. Through Wednesday, Dec. 15, the widely followed S&P 500 had logged 67 record-closing highs in 2021. Its year-to-date return of 25% has also more than doubled its average annual total return of 11%, including dividends, since 1980.
However, a rapidly rising and arguably pricey market hasn't stopped billionaire money managers from putting their money to work in the growth stocks that've been largely responsible for leading these rallies since March 2020. Based on 13F filings with the Securities and Exchange Commission, billionaires can't stop buying these four fast-growing stocks.
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Source Fool.com