Tech Giants Nvidia, Meta, and Microsoft Top Stocks Bought by Mutual Funds Alongside AI Leaders
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Nvidia, Meta, and Microsoft are top stocks bought by top mutual funds along with semiconductor leaders like Broadcom and Applied Materials.
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Other popular stocks among top funds include Netflix, Uber, American Express, Lululemon, Caterpillar, and Chipotle.
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There is strong interest in enterprise software firms involved in AI like Salesforce, ServiceNow, Workday, Palantir, and Parsons.
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Cybersecurity leaders like Crowdstrike, Palo Alto Networks, Zscaler, and CyberArk also benefit from AI trends.
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Homebuilders and other building sector stocks make up the largest industry grouping among new buys by top mutual funds.