Billionaire David Tepper Just Loaded Up on Nvidia Stock. Here's Why That's a Genius Move.

Nvidia remains one of the best stocks to capitalize on current spending trends.Nvidia (NVDA 3.91%) has been the gold standard for AI investing since the AI arms race began in 2023. It has remained a fantastic stock pick throughout the past two and a half years, and remains a fantastic buy today.Even some billionaires are still loading up on Nvidia stock, with David Tepper at Appaloosa Management adding a ton of shares during the second quarter. The firm increased its position by nearly 500% in Q2, indicatin ...