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


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.¬†

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.

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