BABA - Missed Out on Nvidia? Billionaires Are Buying These 3 Artificial Intelligence (AI) Stocks Hand Over Fist
2024-07-14 05:10:00 ET
The surge in artificial intelligence (AI) stocks has not escaped the attention of billionaires. As opportunities emerge, investing disclosure requirements show they have deployed significant amounts of capital into AI stocks like Nvidia .
This is important because some investors follow the lead of these top-tier investors and mimic their transactions hoping for similar results. While these billionaires buy stocks for many reasons that have little to do with the investing goals of their followers, fortunately, their positions do occasionally benefit average investors, especially if they happen to pick some solid stocks to get behind.
Let's take a look at three billionaires and explore why they took positions in Alibaba (NYSE: BABA) , Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , and Microsoft (NASDAQ: MSFT) . The exercise might lead to some insight that can be useful to your investing journey.
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Missed Out on Nvidia? Billionaires Are Buying These 3 Artificial Intelligence (AI) Stocks Hand Over Fist