NVDA - Billionaires Are Buying These 3 Artificial Intelligence (AI) Stocks but Should You?
2024-06-05 03:45:00 ET
The transformative potential of artificial intelligence (AI) has led to billionaire investors scooping up a number of AI-focused tech stocks, most notably Nvidia (NASDAQ: NVDA) .
A Motley Fool analysis of the top tech holdings in 16 billionaire-run hedge funds found Nvidia shares in 10 of them. But Nvidia wasn't the most widely owned AI stock.
That distinction goes to shares of Google's parent, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , which is held by nearly 70% of the firms. And Microsoft (NASDAQ: MSFT) is another top AI stock, owned by 10 of the hedge funds.
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Billionaires Are Buying These 3 Artificial Intelligence (AI) Stocks, but Should You?