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Does Billionaire Bill Ackman Know Something Wall Street Doesn’t? He Invested in These 2 Stocks That Have Dropped 33% and 18% Over the Past Year

The Motley Fool·
Does Billionaire Bill Ackman Know Something Wall Street Doesn’t? He Invested in These 2 Stocks That Have Dropped 33% and 18% Over the Past Year

Bill Ackman's Pershing Square Capital Management purchased Netflix and doubled down on Uber during Q2, despite both stocks declining significantly over the past year (Netflix down 33%, Uber down 18%). The article argues both stocks present buying opportunities, with Netflix leveraging its streaming ecosystem and advertising growth, while Uber benefits from AI cost-cutting and robotaxi expansion through its Rivian partnership.

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