Nvidia Stock vs. Apple Stock: Billionaires Are Buying One and Selling the Other

Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are two of the most popular stocks among retail investors, but the billionaires listed below bought one and sold the other in the third quarter.Investors should pay close attention to the trades made by Steven Cohen. Point72 ranks among the top 15 hedge funds in terms of net profits since inception, according to LCH Investments. That said, the trades above were made in the third quarter, which ended in September. So, here is what investors need to know about Nvidia and Apple now.Nvidia is the foundation of the artificial intelligence (AI) boom. Most investors probably know Nvidia graphics processing units (GPUs) are used to speed up data center workloads like training machine learning models and running AI applications. In fact, the company has over 80% market share in AI accelerators, according to several analysts.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool