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Billionaire Israel Englander Sold 70% of Millennium's Stake in Nvidia and Is Piling Into a Supercharged Dividend Stock With a Nearly 12% Yield
NVDANvidia(NVDA) The Motley Fool·2024-11-26 09:21

Englander has taken a contrarian approach by selling Wall Street's hottest artificial intelligence (AI) stock in favor of a premier healthcare company that's more than 90% below its all-time high.Less than two weeks ago, Wall Street and investors were privy to one of the most important data releases of the fourth quarter -- and no, I'm not talking about the October inflation report.No later than 45 days following the end to a quarter, institutional investors with at least $100 million in assets under manage ...