Billionaire Investors David Tepper and Michael Burry Just Piled Into Alibaba. Is It Time to Buy the Stock Hand Over Fist?
Here's why investors should consider adding the Chinese tech giant to their portfolios.Alibaba (BABA -1.82%) stock is becoming more popular with billionaire investors. Two well-regarded hedge fund managers greatly increased their stakes in the company during the first quarter.David Tepper of Appaloosa Management made the Chinese e-commerce giant his top holding after more than doubling his position in Q1. Alibaba now represents about 12% of his portfolio. Tepper is worth an estimated $20 billion, according ...