Billionaire Bill Ackman Just Loaded Up on This Powerhouse AI Stock. Should You?
The hedge fund manager is betting heavily on what he believes is "one of the world's greatest businesses."Billionaire Bill Ackman doesn't buy many stocks. When he invests heavily in a new position, it's worth noting. Ackman did so recently, with his Pershing Square Capital Management hedge fund announcing that it has invested roughly 10% of its capital in Meta Platforms (META 1.48%).Pershing Square exited its positions in Chipotle Mexican Grill (CMG +1.28%) and Hilton Worldwide Holdings (HLT 2.34%) to free ...