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institutional money managersThe Motley Fool
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80% Informative
David Tepper has been a decisive seller of Wall Street's hottest artificial intelligence stock, Nvidia (NASDAQ: NVDA ) Tepper 's fund held 10.25 million shares of Nvidia at the end of September 2023 , according to Appaloosa Management .
Tepper and his team are active traders who regularly add to and pare down their fund's positions.
Tepper has a number of reasons to be excited about JD 's future.
China 's rapidly growing middle class can be a long-term catalyst for its e-commerce industry.
The other selling point that may have enticed Tepper and his team to pile into JD is the company's exorbitant treasure chest.
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