Billionaire Ken Griffin Just Increased His Position in This Dividend Stock by 5,848%. Here's Why Now May Be a Great Time to Buy.
Kenvue (KVUE) The Motley Fool·2024-10-27 06:42Ken Griffin's Citadel just added 18 million shares of an under-the-radar consumer health stock.Ken Griffin is a billionaire hedge fund manager and serves as CEO to Citadel Advisors. According to Citadel's most recent 13F filing, the firm bought 18,736,591 shares of Kenvue (KVUE -1.44%) stock during the second quarter -- increasing its position by 5,848%.Below, I'm going to break down why now could be a lucrative time to scoop up shares of Kenvue. More importantly, I'll assess the company's full picture and ...