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Stock impact report

What Makes Kyndryl Holdings (KD) a Favorite Stock for Billionaire David Einhorn? [Yahoo! Finance]

Kyndryl Holdings, Inc. (KD) 
Company Research Source: Yahoo! Finance
David Einhorn . In this article, we are going to take a look at where Kyndryl Holdings, Inc. (NYSE:KD) stands against the other best stocks to buy according to Billionaire David Einhorn. The markets are broken and getting worse. That's the stance held by billionaire investor David Einhorn, who insists we are in a secular destruction of the professional asset management community. The sentiments come against one of the longest bull runs that have resulted in valuations in the equity markets getting out of hand. While the S&P 500 is at record highs after a 30% plus gain year to date, Einhorn views the markets as fundamentally broken. Passive investors with no opinion or concern about value have been the main drivers pushing the market higher while shunning underlying fundamentals. According to Einhorn, passive investors increasingly buy into market indexes by default, propping growth stocks at the expense of value stocks. READ ALSO: Billionaire Daniel Sundheim's Top 15 Stock Picks Show less Read more
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