Billionaire David Tepper Has Invested 38% of His Portfolio in These 5 Dividend Stocks
Is David Tepper an income investor? Nope. The hedge fund manager (and Carolina Panthers owner) probably doesn't factor dividends into his thinking much, if at all, when picking stocks.
However, that doesn't mean Tepper doesn't own plenty of dividend stocks. There are more of them in the billionaire's Appaloosa Management hedge fund than you might think. He's invested 38% of his portfolio in these five dividend stocks.
Meta Platforms (NASDAQ: META) ranks as the top holding in Tepper's Appaloosa hedge fund. As of Sept. 30, 2023, it owned 1.95 million shares -- more than 11.5% of the overall portfolio at the time.
Source Fool.com
Meta Platforms Inc. Stock
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.