Reported 2 months ago
Billionaire investor Bill Ackman has strategically allocated 60% of his hedge fund, Pershing Square Capital Management, to just three companies: Alphabet, Chipotle Mexican Grill, and Hilton Worldwide. Ackman's largest investment is in Alphabet, benefiting from booming AI-driven growth, while Chipotle continues to thrive post-pandemic despite high stock valuations. Hilton leverages its vast hotel network and loyalty programs, but like the other two, its stock price is considered high relative to future earnings potential.
Source: YAHOO