Reported 2 days ago
In Q3 2024, the Bill Gates Foundation acquired 1,000,000 shares each of FedEx and PACCAR, both prominent players in the transportation sector. This investment hints at the Foundation's expectation of a robust economy in 2025, as both companies are positioned to benefit from increased shipping and logistics activities. Analysts suggest optimistic future valuations for both stocks, suggesting the Foundation's moves could yield significant returns.
Source: YAHOO