Billionaire Stan Druckenmiller Sold Nvidia and Bought This Undervalued ETF Instead

Reported 5 months ago

Billionaire investor Stan Druckenmiller, known for his successful investment in Nvidia, has recently sold some of his Nvidia shares and call options due to the stock's high valuation. Instead, he has shifted his focus to investing in the iShares Russell 2000 ETF, a small-cap index fund that tracks the performance of smaller companies. Druckenmiller's move reflects a belief in the potential of small-cap stocks, which have historically outperformed over the long term, especially given the current low valuation levels compared to larger companies.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis