From Nasdaq: 2024-04-19 04:35:00

Technology stocks, especially AI-driven ones like Nvidia, are popular among billionaire hedge fund managers. Recent research by The Motley Fool revealed that two AI tech stocks are more widely held than Nvidia, including Alphabet and Meta Platforms. These companies are favored for their data access and revenue potential, attracting high-profile investors like Bill Ackman and Ray Dalio. Microsoft, tied with Nvidia, offers generative AI-powered assistants like Copilot, which could boost revenues significantly. Despite being more expensive, Microsoft presents a lucrative opportunity for profit in the AI sector.



Read more at Nasdaq: Forget Nvidia: These Are the 3 Tech Stocks Billionaires Can’t Stop Buying