Billionaires Sell Tesla Stock and Buy Another AI Stock Up 327% in 3 Years

In the first quarter, two successful hedge funds led by Wall Street billionaires sold Tesla (NASDAQ: TSLA) and bought Cloudflare (NYSE: NET), as detailed below:Investors should know a few things about those trades. First, D.E. Shaw and Millennium are two of the three most profitable hedge funds of all time in terms of net gains, according to LCH Investments. That makes them good sources of inspiration for individual investors.Second, Tesla stock returned just 31% in the last three years, underperforming the S&P 500 by 23 percentage points. But Cloudflare stock rocketed 327% during that period, beating the benchmark index by 265 percentage points. Read on to learn more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool