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Billionaire Stanley Druckenmiller Sells Nvidia Stock and Buys Another Stock-Split AI Stock. Does He Know Something Wall Street Doesn't?
AVGOBroadcom(AVGO) The Motley Fool·2024-12-26 09:30

Nvidia (NVDA 0.39%) has led the artificial intelligence (AI) boom that began with the launch of ChatGPT in November 2022. Its share price has advanced 895% since then, and Wall Street is still very bullish. Currently, 92% of the 62 analysts who follow Nvidia rate the stock a buy, and the median target price of $175 per share implies 30% upside from the current share price of $134.However, billionaire Stanley Druckenmiller -- a former hedge fund manager famous for achieving an annual return of 30% over a 30- ...