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Al Gore’s Investment Firm Sold Alibaba and Cisco Stock. It Bought Visa and Microchip.
The investment firm co-founded and chaired by former Vice President Al Gore made material changes in its U.S.-traded investments.
Generation Investment Management cut its investments in Chinese online giant Alibaba Group Holding (ticker: BABA) and Cisco Systems (CSCO), initiated a stake in card behemoth Visa (V), and nearly tripled a stake in Microchip Technology (MCHP), a maker of microcontrollers and other chips.
The…
