2 Billionaire-Held Stocks to Buy Before 2025
If you want to invest like a billionaire, you have to be willing to buy shares when a company is experiencing temporary problems. It's only when the near-term outlook is gloomy that you can invest in a great business below what it's worth.
Pershing Square's Bill Ackman and Berkshire Hathaway CEO Warren Buffett have executed a value-based strategy to amass multi-billion-dollar fortunes. While Wall Street chases hot tech stocks, Ackman and Buffett are finding great value in these top retail brands. Let's see perhaps why.
Pershing Square disclosed a portfolio of U.S.-based stocks worth $10 billion in the second quarter. It added two new stocks to the portfolio, including (NYSE: NKE). Ackman's investment strategy involves buying stakes of large, profitable companies when they are on sale, and Nike certainly fits the bill. It dominates the sportswear market with $51 billion in trailing revenue -- and footwear generates two-thirds of that amount.
Source Fool.com
Nike Inc. B Stock
The stock is one of the favorites of our community with 63 Buy predictions and 2 Sell predictions.
With a target price of 107 € there is a positive potential of 33.58% for Nike Inc. B compared to the current price of 80.1 €.
