Billionaire Stan Druckenmiller Has 20% of His Portfolio Invested in 2 Brilliant Stocks
From Nasdaq: 2024-06-10 04:44:00
Stan Druckenmiller’s Duquesne Capital Management saw incredible success with 30% annual returns for clients, surpassing the S&P 500. Now managing his wealth through Duquesne Family Office, he achieved a 41% return recently, beating the S&P 500. With 20.1% of his portfolio in Microsoft and Coupang, both stocks outperformed the S&P 500.
Microsoft dominates enterprise software with a 31% return, and its AI products are widely used. Azure’s cloud services are growing, accounting for 25% of CIPS spending. Recent financial results show strong revenue growth, positioning Microsoft well for continued success. Coupang is the top e-commerce site in South Korea with plans for growth.
Coupang’s revenue grew by 23% with increasing sales in various sectors, and despite stagnant net income. With expected annual revenue growth of 17%, its current valuation looks attractive. The Motley Fool Stock Advisor team recommends 10 stocks for investors to consider for strong returns, with Nvidia as an example of its past success. John Mackey and Trevor Jennewine have positions in Amazon.
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