Billionaire Philippe Laffont Just Changed His Mind on This Artificial Intelligence (AI) Stock, Adding It to His List of Top Picks

Billionaire Philippe Laffont Just Changed His Mind on This Artificial Intelligence (AI) Stock, Adding It to His List of Top Picks

Key PointsPhilippe Laffont's Coatue Management saw generative AI as a major threat to this tech incumbent.Recent developments may have pushed Laffont and his team to change their view.The stock still trades at an attractive valuation.10 stocks we like better than Alphabet › In a presentation this summer, Coatue Management, headed by billionaire fund manager Philippe Laffont, laid out its case for what it sees as the next group of tech leaders. U…