Billionaire Bill Ackman Just Revealed His Newest Position. Here's Why I Think the Stock Is a Screaming Buy.
On Friday, Feb. 7, hedge fund manager Bill Ackman took to social media platform X (formerly Twitter) to reveal his firm's newest stock position. This is quite unusual, as investors typically need to wait until institutional investors publish a Form 13F following the end of a quarter to see which stocks they recently bought and sold.