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phenomenal investing track recordThe Motley Fool
•82% Informative
Coatue Management's Philippe Laffont continues to dump shares of Wall Street's AI darling, Nvidia (NASDAQ: NVDA ), and is now piling into a historically cheap AI stock.
Coatue has paring down Coatue 's stake in Nvidia by 80% in the last 18 months .
Nvidia 's ascent has been the blueprint for future innovators to follow, but no matter how good things may seem, no stock is perfect.
Alibaba is the leading cloud infrastructure service provider in China by market share -- 39% -- more than double its next-closest competitor.
Alibaba closed out September with $48.2 billion in combined cash, cash equivalents, and short-term investments, plus another $6.5 billion in restricted cash.
Shares can be scooped up right now for 9 times forward-year EPS .
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