Bill Ackman invests 60% of his $10 billion hedge fund in high-risk, potentially lucrative stocks

From Yahoo Finance: 2024-08-10 18:06:00

Bill Ackman’s failed launch of a publicly traded investment fund, Pershing Square USA, due to low demand, is a setback despite his success. Investors can still follow his Pershing Square Capital Management hedge fund. With 60% of his $10 billion portfolio in just three stocks, including Alphabet, Chipotle Mexican Grill, and Hilton Worldwide, Ackman’s investments are high-risk but potentially lucrative.Ackman’s investments in Alphabet, Chipotle, and Hilton have shown strong growth potential. While Alphabet has AI-driven revenue growth, Chipotle’s same-store sales and margins are rising, and Hilton’s portfolio expansion and loyalty program could drive future growth. However, high valuations may warrant caution for potential investors seeking to buy stocks in these companies.



Read more at Yahoo Finance: Billionaire Bill Ackman Has 60% of His Hedge Fund’s $10 Billion Portfolio in Just 3 Stocks