Billionaires Shift Focus to Surprising AI and Value Stocks
TL;DR Summary
Prominent billionaire investors have been selling Nvidia shares and investing in value stocks like PayPal, Bank of America, and Merck. Despite Nvidia's significant gains and AI's potential, concerns about competition and market saturation have led to this shift. PayPal shows strong user engagement, Bank of America benefits from higher interest rates and digital banking, and Merck's cancer drug Keytruda and Animal Health segment offer steady growth.
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