Here's the 1 Bill Ackman Stock Most Likely to Turn $200,000 Into $1 Million Over the Next 10 Years
Bill Ackman ranks as one of the wealthiest -- and most famous -- hedge fund operators on the planet. His firm, Pershing Square Capital Management, has scored numerous big wins since he founded it in 2004.
While some hedge funds own a large number of stocks, Ackman prefers to focus on a handful of carefully chosen holdings. Several of them have delivered impressive returns in recent years. But which of them would be the best pick for retail investors to consider? Here's the one Ackman stock most likely to turn $200,000 into $1 million over the next 10 years, in my opinion.
Ackman initiated a new position in (NASDAQ: GOOG) (NASDAQ: GOOGL) in the first quarter of 2023. At the end of Q1, Pershing Square's stake in the tech giant stood at a little under $1.1 billion. That ranked Alphabet dead least among the hedge fund's holdings.
Source Fool.com
Alphabet Inc. A Stock
With 79 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 2.78% for Alphabet Inc. A compared to the current price of 157.62 €.
