Nvidia Stock vs. Amazon Stock: Billionaire Ken Griffin Buys One and Sells the Other

Ken Griffin is the founder and CEO of Citadel, the most profitable hedge fund in history as measured by net gains since inception, according to LCH Investments. That makes him an excellent case study, and investors can track which stocks Citadel buys and sells using Forms 13F filed quarterly with the SEC.Interestingly, while Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) play important roles in the burgeoning artificial intelligence economy, Griffin bought one stock and sold the other throughout the first half of 2024, as detailed below.Importantly, excluding options contracts and index funds, Amazon was the largest position in Citadel's portfolio as June 30. So, Griffin clearly has a great deal of confidence in the company. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool