Reported 5 months ago
The article discusses how billionaire Ken Griffin, a successful hedge fund manager, has been heavily investing in dividend stocks such as Hess, Bank of America, and Merck in the first quarter of 2024. Griffin increased his stake in these companies significantly, with reasons including potential acquisitions, attractive dividend yields, and growth prospects. The article suggests that while following Griffin's investment choices may not be suitable for all investors, Bank of America and Hess could be good picks, with potential concerns about Merck's patent cliff.
Source: YAHOO