Billionaire Investor David Tepper Has 28% of His Portfolio Invested in 3 Brilliant AI Growth Stocks
Billionaire David Tepper runs Appaloosa Management, a hedge fund that has regularly outperformed industry peers and the broader stock market since it was founded in 1993. Indeed, Appaloosa beat the S 500 (SNPINDEX: ^GSPC) by 15 percentage points over the last three years. That suggests Tepper and his fund's investment choices are worth studying.
As of the September quarter, Tepper had 28.2% of his Appaloosa portfolio invested in just three artificial intelligence (AI) stocks: 8.8% in Nvidia (NASDAQ: NVDA), 9.4% in Amazon (NASDAQ: AMZN), and 10% in (NASDAQ: MSFT). That level of asset allocation is a clear sign of high conviction.
Here's what investors should know about these three brilliant AI stocks.
Source Fool.com
Microsoft Corp. Stock
€374.65
-0.810%
The stock is one of the favorites of our community with 114 Buy predictions and 3 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 13.17% for Microsoft Corp. compared to the current price of 374.65 €.
