Billionaire David Tepper Just Bought These 2 Artificial Intelligence (AI) Stocks That Wall Street Thinks Could Soar by 50% or More
These AI companies are grabbing plenty of headlines these days.
Billionaire David Tepper, the founder and president of Appaloosa Management, has recently increased his interest in artificial intelligence (AI) stocks. The hedge fund's portfolio currently comprises several AI industry leaders, with these four companies making up approximately half of the portfolio. Tepper and his team are aggressively expanding their AI investments.
In the second quarter, Appaloosa Management added two more AI-focused stocks to their portfolio - Space Exploration Technologies (SPCX) and CoreWeave (CRWV). Wall Street analysts believe that both SpaceX and CoreWeave could see significant growth over the coming year.
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