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Bill Ackman's Pershing Square Secures 11.4% Weight in Visa and Mastercard Portfolio

The Motley Fool +1 ·

V Visa Inc
$370.64 +0.25%
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  1. 1Pershing Square Capital Management initiated positions in Visa and Mastercard in the second quarter.
  2. 2The two companies account for 11.4% of the portfolio.
  3. 3Visa and Mastercard are projected to record annual earnings per share (EPS) growth in the high 10% range over the next 3 to 5 years.

So what's the key point?

Pershing Square Capital Management started positions in Visa and Mastercard during the second quarter.

Source The Motley Fool +1 · View original ↗

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