Billionaire Bill Ackman Is Buying Uber Stock. Should You?

Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer stocks and making contrarian bets.For instance, he invested in Chipotle Mexican Grill in 2016, while the burrito chain was still reeling from its E. coli crisis. That investment has paid off handsomely: The stock is up roughly 600% since he first started buying it.He also recently invested in Nike, another turnaround candidate, and owns large stakes in Hilton Worldwide and Restaurant Brands International, the parent of Burger King, Tim Horton's, and Popeyes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool