From Investor’s Business Daily: 2024-08-14 16:00:51

GoDaddy (GDDY) takes top spot in demand among leading money managers, surpassing Microsoft (MSFT) and Nvidia (NVDA). Managers of best mutual funds scoop up over $2 billion worth of GDDY stock, propelling it to record highs. GE Aerospace (GE), Coinbase Global (COIN), and Palantir Technologies (PLTR) also make the list with capital inflows of $445 million, $326 million, and $248 million respectively. Nvidia and other Magnificent Seven stocks are absent from this month’s list as building sector stocks dominate with 28 companies featured. D.R. Horton, Lennox (LII), and TopBuild (BLD) make the cut.



Read more at Investor’s Business Daily: Best Mutual Funds Shun Nvidia, Microsoft. They Got Up And Went To GoDaddy.