From Nasdaq: 2025-05-28 05:30:00

Billionaire investor Bill Ackman’s Pershing Square Capital Management manages a $12 billion stock portfolio. Ackman aims to model Pershing after Berkshire Hathaway, making his moves closely watched. Pershing recently sold a railway stock to buy a “Magnificent Seven” stock at an appealing time, a move discussed in a recent earnings call.

Pershing Square Capital Management recently disclosed selling Canadian Pacific Kansas City, a railway stock, with regret due to its sensitivity to tariffs. The company operates in Canada and the U.S., with a single-line railway connecting both countries and Mexico. Pershing decided to sell the stock to buy Amazon at an attractive time, following a sell-off in April.

Amazon’s strong businesses, including retail e-commerce and Amazon Web Services (AWS), make it an appealing investment for Pershing. AWS has shown revenue growth, and Amazon’s valuation is lower than its average, with potential for future growth. Despite exposure to China, recent tariff de-escalation has improved the outlook for Amazon.

Investors considering Amazon should note that although it wasn’t listed as one of the 10 best stocks to buy now by the Motley Fool Stock Advisor team, Amazon’s potential for growth remains strong. With a history of market-crushing returns, Stock Advisor offers valuable insights for investors looking to capitalize on high-growth opportunities. 1. The stock market experienced a sharp decline today, with the S&P 500 dropping 2% and the Dow Jones Industrial Average falling 500 points. Investors are concerned about rising inflation rates and uncertainty surrounding the Federal Reserve’s next move.

2. In a groundbreaking discovery, scientists have identified a new species of dinosaur in Argentina. The dinosaur, named Llukalkan aliocranianus, had a unique skull structure and is believed to have been a fierce predator during the Late Cretaceous period.

3. The United Nations reported a record high number of civilian casualties in Afghanistan in the first quarter of 2021. Over 1,700 civilians were killed or injured, with women and children accounting for a significant portion of the casualties. The UN called for an immediate ceasefire to protect civilians.

4. A new study found that over 40% of Americans have experienced a mental health issue during the COVID-19 pandemic. The most common issues reported were anxiety and depression, with young adults and essential workers being particularly affected. The study highlights the need for increased mental health support services.



Read more at Nasdaq: Billionaire Investor Bill Ackman Just Sold This Railway Stock ‘With Regret’ So He Could Buy the Dip on a Mag Seven Stock At a “Uniquely Attractive Time”