Tesla Stock vs. Microsoft Stock: Billionaire Philippe Laffont Is Buying One and Selling the Other

Telsa (NASDAQ: TSLA) shares have advanced 77% year to date, more than tripling the 23% return in the S&P 500 (SNPINDEX: ^GSPC). But Microsoft (NASDAQ: MSFT) shares have advanced 16% year to date, underperforming the benchmark index by a wide margin.Billionaire Philippe Laffont apparently favors the underperformer. His hedge fund, Coatue Management, sold 1.8 million shares of Tesla through the first three quarters of 2024, reducing its stake by 45%. Meanwhile, Coatue bought 40,925 shares of Microsoft, increasing its position by 1%. Microsoft is now the fourth-largest holding, while Tesla ranks sixteenth.Here's what investors should know about these Magnificent Seven stocks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool