Billionaire David Tepper Just Bought These 2 Artificial Intelligence (AI) Stocks That Wall Street Thinks Could Soar by 50% or More
Hedge fund manager David Tepper has boosted his investments in artificial intelligence (AI) stocks. Among the companies he has added are SpaceX and CoreWeave. Wall Street analysts believe these AI stocks could see significant growth in the coming year, with SpaceX having an average price target of $222.32, representing a 50% increase from its current trading price.
CoreWeave's average price target is $144.46, suggesting a 62% potential increase. Despite the optimistic projections, both companies face challenges, such as SpaceX's high valuation and CoreWeave's deteriorating margins due to heavy investments in AI expansion.
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