Billionaire Bill Ackman Just Bought 30.3 Million Shares of This Soaring Growth Stock

Because of his long-term track record, retail investors closely follow the moves of Bill Ackman. The billionaire hedge fund manager runs Pershing Square Capital Management, which managed $12.6 billion in assets as of Dec. 31, 2024.Ackman is known for running a concentrated portfolio full of what he believes are high-quality businesses. This is why it's worth pointing out that so far this year, the investment firm has purchased more than 30 million shares of one growth stock, which is a new position for the hedge fund.Let's look at this compelling company and whether or not it makes sense for your individual portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool