Nvidia, Vistra Shares Surge
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Nvidia graphics processing unitsThe Motley Fool
•Technology
Technology
Billionaire David Tepper Sells Nvidia Stock and Buys an AI Stock Up 700% Since Early 2023
81% Informative
Shares of Nvidia (NASDAQ: NVDA ) and Vistra ( NYSE : VST ) have surged 860% and 700% since the beginning of 2023 .
Both companies have benefited from the artificial intelligence ( AI ) boom despite operating in very different parts of the economy.
The hedge fund manager at Appaloosa Management , David Tepper , sold one and bought the other in the third quarter .
Nvidia made the list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 863,081 ! Stock Advisor’s total average return is 894% — a market-crushing outperformance compared to 176% for the S&P 500.
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