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Bill Ackman's Pershing Square Owns Amazon, Microsoft, and Meta Platforms. Here's the Best Buy of the Bunch in August.
The Motley Fool·
Bill Ackman's Pershing Square hedge fund holds three major AI stocks: Amazon, Microsoft, and Meta Platforms. The article highlights Amazon as the best buy, noting its massive revenue ($201B), strong growth (20%), and accelerating AWS cloud business (37% YoY growth). Despite significant capital expenditure plans ($220B), Amazon's management expects strong long-term returns and believes demand will exceed capacity through 2027.
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