Reported 15 days ago
Billionaire investor Stan Druckenmiller has sold shares of Nvidia, Apple, and Microsoft, shifting his focus to high-yield dividend stocks. In the second quarter, he purchased substantial shares in Philip Morris, Kinder Morgan, and Mid-America Apartment Communities, anticipating benefits from expected interest rate cuts by the Federal Reserve. These investments aim to capitalize on declining traditional sectors and anticipated growth in energy and real estate as the market adapts.
Source: YAHOO