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1 Magnificent Stock Billionaire Stan Druckenmiller Is Adding To His Portfolio
PMPMI(PM) The Motley Fool·2024-11-07 16:07

Betting on dividend growth can lead to strong returns over the long haul. Billionaire Stan Druckenmiller called the Nvidia bull run over the last few years. The retired hedge fund manager made a big bet on artificial intelligence (AI), and it paid off handsomely for his portfolio. Now, he has purchased shares of a company in an entirely different sector: Philip Morris International (PM -0.06%). The largest tobacco company by market cap in the world now makes up over 3% of Druckenmiller's portfolio, and that ...