Billionaire Dan Loeb just bought a shocking stock.

Daniel Loeb is a well-known hedge fund investor who has often taken an aggressive stance to push for change at his company. Last quarter, he sold off artificial intelligence (AI) stocks, taking a relatively large position in a neglected dividend stock. Travis Hoyem gives the details in this video.

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Alphabet executive Suzanne Frey is a board member of The Motley Fool. John Mackey, former chief executive officer of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool Board of Directors. Randi Zuckerberg, former Facebook Marketplace Director of Mass Development and Spokeswoman, and sister of Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool Board of Directors. Travis Hoium works at Alphabet and Verizon Communications, and The Motley Fool owns stock in recommended Alphabet, Amazon, Danaher, Meta Platforms, Microsoft, and Taiwan Semiconductor Manufacturing Company. The Motley Fool recommends T-Mobile US and Verizon Communications, and also recommends the following options: Long Microsoft January 2026 $395 Calls and Short Microsoft January 2026 $405 Calls. The Motley Fool has a disclosure policy.

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Billionaire Dan Loeb Just Bought a Shocking Stock was originally published by The Motley Fool.