Billionaire Bill Ackman Sold Alphabet and Bought These 2 Undervalued Artificial Intelligence (AI) Stocks Instead

Bill Ackman is a billionaire investor and serves as CEO of Pershing Square Capital Management. He's best known as a value investor, and often concentrates Pershing Square's portfolio among a small cohort of stocks spread across various industries. Over the last few years, Ackman has dabbled with artificial intelligence (AI) stocks. His first big splash in that space came in early 2023 when Pershing Square initiated a position in Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) -- acquiring 2.2 million and 8.1 mill ...