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News  ›  The Motley Fool

Billionaire David Tepper Dumped Appaloosa's Stake in Oracle and Is Piling Into a Sector That Wall Street Thinks Will Outperform

The Motley Fool Logo The Motley Fool By Bram Berkowitz
Billionaire David Tepper Dumped Appaloosa's Stake in Oracle and Is Piling Into a Sector That Wall Street Thinks Will Outperform

Billionaire investor David Tepper sold his entire Oracle stake in Q3 and shifted investments into the financial sector, which Wall Street analysts expect to outperform despite recent underperformance.

Insights
AMD   positive

Impressed investors with stronger-than-expected results, stock up 2.5%


ORCL   neutral

Strong AI potential but concerns about infrastructure costs and margin compression led Tepper to exit his position