Reported 4 months ago
Billionaires are selling Nvidia and investing in two hypergrowth stocks instead, according to Motley Fool. The latest Form 13F filings show billionaires dumping Nvidia shares despite its soaring performance, likely due to concerns over history, pricing power, and competition in the AI market. Meanwhile, billionaires are turning to cybersecurity company Okta and cloud-based observability company Datadog for their high-growth potential and subscription-driven operating models amidst a shifting economic landscape.
Source: YAHOO