Billionaire Stanley Druckenmiller Has 39% of His Portfolio Invested in 3 Brilliant Growth Stocks
Billionaire Stanley Druckenmiller is a former hedge fund manager best known for betting against the British pound in 1992. He managed George Soros' Quantum Fund at the time, and the pair reportedly pocketed a $1 billion profit on the transactions. Meanwhile, Druckenmiller ran his own hedge fund between 1981 and 2010, returning an average of 30% annually for clients.
Today, he manages his personal fortune through the Duquesne Family Office, which still makes a compelling case study. Druckenmiller had 39% of his $2.8 billion portfolio invested in just three stocks as of September: 14% in Nvidia (NASDAQ: NVDA), 13% in Coupang (NYSE: CPNG), and 12% in (NASDAQ: MSFT). That level of asset allocation signals high conviction.
Here's what investors should know about those three stocks.
Source Fool.com
Microsoft Corp. Stock
With 107 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 417 € shows a slightly positive potential of 8.06% compared to the current price of 385.9 € for Microsoft Corp..
