From Nasdaq: 2025-02-15 03:56:00

David Tepper, a billionaire fund manager, has seen success with the Appaloosa fund, delivering a 28% annual return since 1993. Tepper closed a $100 million Adobe position and increased stake in Lam Research. Adobe’s revenue rose 11% in 2024, with adjusted earnings up 14.6%. Despite competition, Adobe’s network effect keeps subscribers loyal. Lam Research specializes in semiconductor equipment for AI processing and is expected to see significant growth. Investors can purchase Lam Research shares at a reasonable price. An expert team offers “Double Down” stock recommendations for potential high returns.



Read more at Nasdaq: Billionaire Investor David Tepper Dumped Adobe and Acquired This Semiconductor Stock. Should You Follow?