Billionaire Bill Ackman Trimmed This Big Tech Position to Back These 2 AI Contenders

Billionaire hedge fund manager Bill Ackman is one of the world's most renowned investors. He runs a highly concentrated portfolio of fewer than 15 stocks and is willing to make big bets on stocks he believes in. Last quarter, Ackman sold a quarter of his Amazon (NASDAQ: AMZN) stake while betting big on two other AI names: Microsoft (NASDAQ: MSFT) and Meta Platforms (NASDAQ: META). Let's take a closer look at each stock to see if investors should follow suit. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.