56% of Billionaire David Tepper's Portfolio at Appaloosa Is Put to Work in 6 AI Trailblazers
Five of Tepper's six largest holdings can be considered critical to the long-term success of the artificial intelligence (AI) revolution.
Overview
Over the last four years, no trend has shaped Wall Street or corporate America quite like the evolution of artificial intelligence (AI). The reason the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all vaulted to record highs is that AI substantially increases the long-term growth potential for businesses -- and Wall Street's savviest money managers have taken notice.
Quarterly Form 13F filings allow investors to track which stocks fund managers with at least $100 million in assets under management have been buying and selling. While AI has been an obvious theme, arguably, no billionaire investor has embraced this trend quite like Appaloosa's investment chief, David Tepper.
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Originally published at www.fool.com.
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