Does Billionaire Israel Englander Know Something Wall Street Missed? He Sells Nvidia Stock and Buys an AI Stock Up 2,260% Since 2022

Billionaire Israel Englander is the CEO of Millennium Management, the second-most profitable hedge fund in history in terms of net gains since inception, according to LCH Investment. That makes Englander a good source of inspiration for retail investors, and he made some interesting trades in the third quarter.What makes those trades interesting is that Wall Street analysts generally see substantial upside in Nvidia, but they see downside in AppLovin, as detailed below:One explanation for Englander's trades is that he knows something that most Wall Street analysts missed. Alternatively, the trades listed above were made in the third quarter, but we are now a couple months into the fourth quarter, so Englander may be buying Nvidia and selling AppLovin.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool