Billionaire David Tepper’s Investment Strategy and 5 Favorite Stocks

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1. Alphabet Inc. (NASDAQ:GOOG)

Appaloosa Management’s Q1 2023 Investment: $219 million

Share Price Gains Since March 2023: 12%

Alphabet Inc. (NASDAQ:GOOG) is another technology behemoth that provides a wide variety of services and products. The firm announced in July 2023 that it has partnered up with Mayo Clinic to use artificial intelligence in healthcare.

David Tepper’s Appaloosa Management owned 2.1 million Alphabet Inc. (NASDAQ:GOOG) shares during 2023’s first quarter, providing it with a $219 million investment. During the same time period, 155 out of 943 hedge funds part of Insider Monkey’s database had also invested in the company. Alphabet Inc. (NASDAQ:GOOG)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management owning $4.3 billion worth of shares.

Follow Alphabet Inc. (NASDAQ:GOOGL)

Disclosure: None. You can also take a look at 30 Most Profitable Businesses With Low Startup Costs and 25 US Companies With The Highest Profit Margins.

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