Billionaire Bill Ackman Is Loading Up on Uber Technologies Stock. Should You?

Bill Ackman is highly selective about which stocks he buys. His Pershing Square Capital Management hedge fund currently owns only 12 stocks. And two of those are different classes of shares for the same company -- Google parent Alphabet. Not too long ago, Alphabet ranked as Ackman's favorite investment. That's no longer the case. The billionaire hedge fund manager is now loading up on Uber Technologies (UBER -0.62%). Hailing Uber For one thing, Ackman is very familiar with Uber's business. He said that he h ...