This Billionaire Started a Position in Wolfspeed. Should Investors Follow Suit?

Billionaire investor Stanley Druckenmiller was busy buying and selling stocks in Q4, but one of his more interesting purchases was in Wolfspeed (NYSE: WOLF). He added 187,000 shares in the quarter, currently worth under $4 million, so this was a very small starter position for him. Wolfspeed is a maker of silicon carbide material and silicon carbide chips. Because silicon carbide performs better at high temperatures than silicon, it is popular in electric vehicles (EVs), as these chips can help increase E ...