Billionaire Investor David Tepper Sold Nvidia, Meta Platforms, and Other "Magnificent Seven" Stocks Hand Over Fist Last Quarter. You Won't Believe What He Bought Instead.
Tepper is still heavily invested in the AI revolution, but is expanding his portfolio to other shores.Investors could do worse than investing in the so-called "Magnificent Seven" stocks. The collective gained 111%, on average, in 2023, thrashing the 24% gains of the S&P 500. The group has continued its winning ways, rising 22% on average so far this year, nearly double the 11% increase of the S&P 500 (as of this writing).The common thread that unites these tech bellwethers is that they each have artificial ...