From Nasdaq:

Bill Ackman, known for a disastrous short position in Herbalife, has also seen success, with his hedge fund returning 288% over the past five years. He has high conviction in Alphabet and Chipotle, with 34% of his portfolio in those companies. Here’s why both stocks could be brilliant investments. Alphabet’s revenue increased 11% year over year to $76.7 billion, with a current valuation of 6.2 times sales. Chipotle’s revenue rose 11% to $2.5 billion, driven by same-store sales growth of 5%. The company plans to open 285 to 315 new restaurants this year. Should you invest $1,000 in Alphabet right now? The Motley Fool has identified what they believe are the 10 best stocks for investors to buy now, but Alphabet wasn’t one of them.

In short, both Alphabet and Chipotle Mexican Grill show strong growth potential, with solid financial results in recent quarters. With high conviction from Bill Ackman in both companies, they could be considered brilliant investments. However, it’s also important to consider other top stock picks identified by The Motley Fool for potential returns in the coming years. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Billionaire Investor Bill Ackman Has 34% of His Portfolio Invested in 2 Brilliant Growth Stocks