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Billionaire Israel Englander Buys 2 Artificial Intelligence (AI) Stocks Up 405% and 575% in 2 Years

Israel Englander bought stock in Palantir and Astera Labs in the second quarter.

Billionaire Israel Englander Buys 2 Artificial Intelligence (AI) Stocks Up 405% and 575% in 2 Years

Published September 30, 2026 · Category: Finance

Overview

Billionaire Israel Englander runs Millennium Management, one of the most profitable hedge funds in the world. Millennium returned 111% over the last three years, easily outperforming the S&P 500 (SNPINDEX:^GSPC), which returned 75% over the same period.

That impressive track record makes Englander a good source of inspiration for individual investors. And during the second quarter, Millennium bought two artificial intelligence (AI) stocks, quadrupling its stake in Palantir Technologies (NASDAQ:PLTR) and doubling its stake in Astera Labs (NASDAQ:ALAB).

Details

In the last two years, Palantir shares have advanced 405%, and Astera shares have added 575%. Is it too late to buy? Here's what investors should know.

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Source

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.