Billionaire Steve Cohen Sold Amazon and Nvidia but Loaded Up on This Beaten-Down Stock
Steve Cohen runs Point72 Asset Management, and investors closely watch his investment decisions through that hedge fund’s 13F filings. The most recent 13F highlighted two interesting moves. First, Cohen took profits in artificial intelligence leaders Amazon (AMZN 0.80%) and Nvidia (NVDA +3.74%). Second, he dramatically increased his position in Boston Scientific (BSX 1.08%). Here’s a…