Billionaire Ken Griffin bought stocks in Hess, Amazon, and Bank of America

From Nasdaq: 2024-06-07 05:50:00

In the first quarter of 2024, billionaire Ken Griffin bought stocks for his Citadel hedge fund, including Hess, Amazon, and Bank of America. Hess became the third-largest holding due to Griffin’s aggressive buying, while Amazon remained a top holding despite higher valuation metrics. Bank of America saw significant stake increase and attractive valuation compared to the S&P 500. Chevron’s pending acquisition of Hess could offer quick profit opportunities, while Amazon and Bank of America present growth and innovation prospects. Consider the 10 best stocks according to Motley Fool Stock Advisor for potential monster returns. (*All information as of June 3, 2024)



Read more at Nasdaq: Billionaire Ken Griffin Goes Bargain Hunting: 3 Stocks He Just Bought