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Druckenmiller is still betting on Amazon and Microsoft, but is overall bearish on growth stocks

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Stanley Druckenmiller

Adam Jeffery | CNBC

Legendary investor Stanley Druckenmiller said tech giants Amazon and Microsoft are still among his biggest holdings, but noted he is quite bearish on growth stocks as a group. 

“I have still something like Amazon and Microsoft in my largest holdings, but I have the least growth weighting in my portfolio that I’ve had in maybe six or seven years,” Druckenmiller, founder of Duquesne Capital, told CNBC’s “Squawk Box” on Monday. “As always, I’m staying flexible, but I’ve been far too cautious.”

Amazon shares are up more than 34% year to date as the e-commerce behemoth benefited from consumers staying at home amid the coronavirus pandemic. Microsoft is…



Source cnbc.com

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