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. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.29% for Microsoft Corp. compared to the current price of 395.15 €.
