Bill Ackman adds Amazon to his portfolio, showing confidence in long-term growth potential.
From Yahoo Finance: 2025-06-14 16:09:00
Bill Ackman recently joined Warren Buffett and Cathie Wood in adding Amazon to his portfolio. Ackman’s investment in Amazon complements his existing exposure to Alphabet. Amazon’s diversified ecosystem and attractive valuation make it a compelling AI stock for long-term growth. Pershing Square’s investment in Amazon has led to increased AWS revenue and doubled operating income. Despite some volatility, analysts remain bullish on Amazon, with a potential upside in its stock price. Ackman’s move to invest in Amazon showcases confidence in the company’s long-term prospects and AI-centric uses.
Read more at Yahoo Finance: Billionaire Bill Ackman Just Joined Warren Buffett and Cathie Wood by Adding This Monster Artificial Intelligence (AI) Stock to His Portfolio