Billionaires Are Buying This AI Stock That May Be Heading to $10 Trillion in Market Value
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Billionaire investors, like the rest of us, often have very different investment strategies -- while one may pile into a particular stock, another investor might avoid it. But in recent times, one stock in particular is attracting several billionaires. In fact, David Tepper of Appaloosa Management, Michael Platt of BlueCrest Capital Management, and Philippe Laffont of Coatue Management each bought this player in the second quarter.This company is a leader in its field, the high-growth area of artificial intelligence (AI), and has been generating double- and triple-digit revenue growth over the past few years, with revenue reaching record levels. And with AI on track to potentially become a trillion-dollar market, according to analysts' forecasts, this company could have a lot more to gain in the coming years -- including a boost in market capitalization.As billionaires buy this AI stock that may be heading to $10 trillion in market value, should you follow? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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