From Nasdaq:

1. Billionaire Stanley Druckenmiller, known for betting against the British pound in 1992, manages his personal fortune through the Duquesne Family Office and had 39% of his $2.8 billion portfolio invested in just three stocks as of September: 14% in Nvidia (NASDAQ: NVDA), 13% in Coupang (NYSE: CPNG), and 12% in Microsoft (NASDAQ: MSFT).

2. Nvidia has a dominant position in the data center accelerator and artificial intelligence (AI) workload market. Analysts estimate the company accounts for 80% to 95% of chips used in AI computing. Nvidia is well-positioned to capitalize on the growth of the AI hardware, software, and services market.

3. Coupang, the largest e-commerce marketplace in South Korea, has introduced consumer-facing services like restaurant delivery, streaming content, and fintech services. The company hopes to replicate its success in Taiwan and is expected to increase sales by 12% annually over the next five years.

4. Microsoft has a prolific presence in enterprise software and cloud computing, with twice as much software-as-a-service market share as its closest competitor. The enterprise SaaS and cloud computing markets are projected to grow at roughly 14% annually through 2030, putting Microsoft on a path to double-digit sales growth.

5. Before investing in Nvidia, consider the recommendations of The Motley Fool Stock Advisor analyst team, which identified what they believe are the 10 best stocks for investors to buy now. This service has more than tripled the return of the S&P 500 since 2002. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors.

The Motley Fool has positions in and recommends Amazon, Coupang, Microsoft, and Nvidia. However, opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Billionaire Stanley Druckenmiller Has 39% of His Portfolio Invested in 3 Brilliant Growth Stocks