David Tepper: Buy Chinese Stocks
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largest Chinese equity positionsThe Motley Fool
•Billionaire Investor David Tepper Just Said to Buy "Everything" in China. Here Are His 3 Largest Positions.
79% Informative
Billionaire investor David Tepper made a similar call on CNBC yesterday about Chinese stocks.
E-commerce giant Alibaba (NYSE: BABA) is the largest position in Tepper's Appaloosa Holdings .
Alibaba is considered the Amazon of China , trading at 12 times forward earnings.
Tepper has made a lot of money with a simple strategy: "Don't fight the Fed ".
Alibaba Group wasn't one of the 10 best stocks for investors to buy now.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 744,197 ! The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002
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