Billionaire Stan Druckenmiller Is Selling Nvidia, Apple, and Microsoft, and Buying These High-Yield Dividend Stocks Instead
AAPLApple(AAPL) The Motley Fool·2024-09-23 17:20

The billionaire may see an opportunity in dividend stocks as the Fed lowers interest rates.Stan Druckenmiller saw the potential for the next wave of artificial intelligence fairly early. That led him to take a big position in Nvidia in the fourth quarter of 2022. He added Microsoft in the first quarter of 2023, after it upped its stake in generative AI leader OpenAI. At the start of this year, he started taking gains on his Nvidia investment and put some into Apple.But Druckenmiller has quickly changed his ...