These Two Billionaires Just Bought Nvidia Stock. Should You?

Nvidia (NASDAQ: NVDA) has been one of the top stocks to own since about 2023. It has been on an incredible run, taking it from a $350 billion company to the world's largest, with a value of approximately $4.1 trillion at the time of writing. With a run-up like that, investors would be forgiven if they assumed that there wasn't any upside left. However, the actions from some of the world's smartest investors say otherwise.Two billionaire hedge fund managers, Daniel Loeb of Third Point and David Tepper of Appaloosa Management, each purchased shares of Nvidia during Q2. Some of the most brilliant minds in the world work for these firms, so when they are still purchasing shares of a company that has risen as much as Nvidia, investors should pay attention.Although Nvidia has had an impressive two-and-a-half-year run, the future is still bright, and investors would be wise to continue purchasing shares of Nvidia alongside these billionaire investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool