Billionaire Bill Ackman Just Revealed His Newest Position. Here's Why I Think the Stock Is a Screaming Buy.
Hedge fund manager Bill Ackman took to social media to reveal the newest position in his portfolio.On Friday, Feb. 7, hedge fund manager Bill Ackman took to social media platform X (formerly Twitter) to reveal his firm's newest stock position. This is quite unusual, as investors typically need to wait until institutional investors publish a Form 13F following the end of a quarter to see which stocks they recently bought and sold.Below, I'm going to analyze Ackman's latest position and make the case for why ...