Pershing Picks: 3 Top Bill Ackman Stocks to Buy in April

Group 1: Bill Ackman's Investment Strategy - Bill Ackman is known for his concentrated portfolio and long-term investment approach, focusing on large stakes in companies and collaborating with management to unlock value [1] - Ackman's current portfolio consists of eight holdings, with three highlighted stocks that offer growth potential, stability, and value [1] Group 2: Alphabet (GOOGL, GOOG) - Alphabet reported impressive revenues of $86.3 billion for the full year 2023, marking a 13% year-over-year increase, with diluted EPS rising to $1.64 from $1.05 [2][3] - The company returned $61.5 billion to shareholders through stock repurchases, showcasing its robust financial position and ability to invest in future growth [3] - GOOGL's stock has gained 13% year-to-date, trading at 26 times forward earnings, with a 12-month median price forecast of $166.68, indicating a potential upside of 7% [3] Group 3: Canadian Pacific Kansas City (CP) - Canadian Pacific reported revenues of $3.8 billion, a significant increase from $2.5 billion in the same quarter of the previous year, although adjusted diluted EPS slightly decreased to $1.18 from $1.36 [5][6] - The stock has gained 8% year-to-date, trading at 27 times forward earnings, with a 12-month median price forecast suggesting a potential upside of about 2% [6] Group 4: Restaurant Brands International (QSR) - Restaurant Brands International achieved over $35 billion in annual sales, with global sales increasing by 10% in Q4 and over 12% for the full year 2023 [7][8] - Adjusted diluted EPS for the fiscal year was $3.24, up from $3.14 in 2022, and the company returned $1.5 billion to shareholders [7] - QSR stock has declined about 9% in 2024, currently trading at a forward P/E ratio of 21x, with Wall Street projecting an upside potential of around 20% and a current dividend yield of 3.2% [8]