2 Billionaire-Held Stocks That Could Outperform the S&P 500 Over the Next 5 Years
Beating the market is a goal of every growth investor. There's no better place to look for stocks that can beat the market than prominent billionaire investors who have an interest in growing and protecting their wealth.
Bill Ackman of Pershing Square Capital Management and former CEO and co-founder Bill Gates are great sources to find promising investment ideas in the stock market. Let's look at two of their top holdings that can outperform the S 500 index over the next five years.
Bill Ackman's net worth sits at $9 billion, according to Forbes magazine. His firm delivered 16% annualized returns to investors over the last 20 years through the end of 2023, which far outpaced the S&P 500's total return of 10% per year.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 109 Buy predictions and 2 Sell predictions.
With a target price of 426 € there is a slightly positive potential of 12.22% for Microsoft Corp. compared to the current price of 379.6 €.