3 Ultra-Popular Stocks Billionaire Investors Are Selling

From Nasdaq: 2024-05-13 05:06:00

Investors eagerly await Form 13F filings from top asset managers this week. Billionaire investors Druckenmiller and Buffett have shared selling activity in popular stocks like Nvidia and Paramount Global. Druckenmiller cited short-term hype in AI stocks, while Buffett noted poor financials at Paramount. Apple also saw a significant stake reduction by Berkshire Hathaway. While Apple remains a strong business, slowing sales growth and valuation concerns have emerged. An investment in Nvidia may not be advisable at the moment based on analysis from the Motley Fool Stock Advisor team.



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