Billionaires Are Selling Nvidia Stock and Buying 2 Brilliant Growth Stocks That Have Little to Do With Artificial Intelligence
MercadoLibre(MELI) The Motley Fool·2024-10-02 09:12
There are worthwhile investment themes beyond artificial intelligence.Artificial intelligence (AI) has arguably been the hottest investment theme for two years, and Nvidia has been one of the hottest stocks on Wall Street. But there are other worthwhile trends. The hedge fund managers listed below sold shares of Nvidia in the second quarter, while purchasing shares of e-commerce stocks Shopify (SHOP -2.11%) or MercadoLibre (MELI 0.69%).Ken Griffin of Citadel Advisors sold 9.2 million shares of Nvidia, slash ...