3 Artificial Intelligence (AI) Stocks Hedge Funds Are Buying Hand Over Fist
There were several common purchases among hedge funds in Q2.
Overview
With the latest round of Form 13-Fs being available, investors can track what the smart money was doing during Q2. Among the most popular buys during the quarter were Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Taiwan Semiconductor (NYSE: TSM). All three of these stocks were ones that I was already bullish on, but after seeing the smart money load up on shares, I'm even more confident in my AI picks.
This trio is a smart and fairly safe way to invest in the AI buildout, and even though they've performed strongly over the past few years, now is still a great time to buy.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.