Billionaire Philippe Laffont has made some strategic moves in his investment portfolio recently. He sold off millions of shares of Nvidia and Meta Platforms, two tech giants that have been facing some challenges in the market. Instead, Laffont is shifting his focus to what he calls the “Magnificent Seven” stocks.
These stocks are seen as strong contenders for growth and potential returns in the coming months. While Nvidia and Meta Platforms have been popular picks in the past, Laffont seems to be betting on a different set of companies to outperform in the current market environment.
DailyBubble sees this move as a bold and calculated decision by Laffont. By diversifying his holdings and focusing on other promising stocks, he is positioning himself for success in the ever-changing landscape of the stock market. It will be interesting to see how these new investments pan out for the billionaire investor in the long run.