Reported 2 days ago
Recent data shows that several billionaires are selling their Palantir shares while significantly increasing their investments in Nvidia, which has seen a stock increase of 1,530% over three years. Notable investors like Citadel and Coatue Management are reallocating funds to Nvidia, driven by valuation trends suggesting further growth potential. Comparisons between the two companies indicate that Nvidia's current valuation could offer better future returns, prompting a recommended shift away from Palantir.
Source: YAHOO