Billionaire Stanley Druckenmiller Has 39% of His Portfolio Invested in 3 Brilliant Growth Stocks
Billionaire Stanley Druckenmiller is a former hedge fund manager best known for betting against the British pound in 1992. He managed George Soros' Quantum Fund at the time, and the pair reportedly pocketed a $1 billion profit on the transactions. Meanwhile, Druckenmiller ran his own hedge fund between 1981 and 2010, returning an average of 30% annually for clients.
Today, he manages his personal fortune through the Duquesne Family Office, which still makes a compelling case study. Druckenmiller had 39% of his $2.8 billion portfolio invested in just three stocks as of September: 14% in Nvidia (NASDAQ: NVDA), 13% in Coupang (NYSE: CPNG), and 12% in (NASDAQ: MSFT). That level of asset allocation signals high conviction.
Here's what investors should know about those three stocks.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 100 Buy predictions and 2 Sell predictions.
With a target price of 404 € there is a slightly positive potential of 7.16% for Microsoft Corp. compared to the current price of 377.0 €.
