Ackman unveils 6 new investments including Netflix, Visa, and Mastercard

PS Pershing Square Inc

$54.59 +0.28%

View chart & analysis →

V +2.76% PSUS +1.37% GOOGL +0.97% GOOG +0.87% MA +2.50% 5 more

1. 1Bill Ackman unveiled 6 new positions including Netflix, Visa, and Mastercard, executing his largest portfolio reshuffle in years.
2. 2The stakes purchased from the second quarter are held through funds such as Pershing Square USA, which listed on the New York Stock Exchange in April, and also include Alcon, Intercontinental Exchange, and S&P Global.
3. 3Ackman expects these companies' earnings to enter a strong growth phase, viewing earnings growth as the biggest driver of long-term investment value.

Source The Wall Street Journal +5 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →