Billionaires Are Selling Nvidia and Buying These 2 Superb Artificial Intelligence (AI) Stocks Instead
Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past couple of years, literally adding trillions of dollars in value to its shareholder's portfolios. Several big hedge fund managers were among those investors who made a lot of money by investing early in Nvidia. But now they're starting to take their chips off the table and place bets in a couple of other incredible artificial intelligence (AI) stocks.
Some hedge fund managers selling investments in Nvidia include:
There are many more examples of big sales from institutional investors. After the meteoric rise of Nvidia's share price, it makes sense for them to at least reduce their stake. However, average investors should be more interested in what big hedge fund managers are buying now.
Source Fool.com