2 Dow Jones Stocks Billionaires Are Buying Hand Over Fist

Billionaire managing investors have the great responsibility of managing tremendous wealth for their clients, which necessitates the need for meticulous research into every investment.Andreas Halvorsen of Viking Global Investors and Bill Ackman of Pershing Square Holdings are both prominent billionaire fund managers who started positions in two members of the Dow Jones Industrial Average (DJINDICES: ^DJI) in the second quarter and proceeded to buy more shares in Q3. Here's why the following stocks are excellent buys.Andreas Halvorsen's Viking Global Investors continued loading up on Nvidia (NASDAQ: NVDA) shares in the third quarter. The firm increased the size of its stake by over 2.2 million shares at the end of the quarter. Another notable billionaire, David Tepper, was selling Nvidia last quarter, but several other investment managers were either holding or buying shares, including Lee Ainslie of Maverick Capital and Samantha McLemore of Patient Capital Management. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool