3 No-Brainer Billionaire-Owned Stocks to Buy Right Now
Some would have you believe that investing is incredibly complicated, but at its core, a sound philosophy boils down to buying great companies and holding them for the long haul. It's as simple as that.
Where to find great companies? Of the various sources for inspiration, one common starting point is investigating the stock picks of billionaires. In doing so, it's apparent that (NASDAQ: GOOG) (NASDAQ: GOOGL), Chevron (NYSE: CVX), and Kraft Heinz (NASDAQ: KHC) are all high-quality stocks that occupy prominent positions in billionaires' portfolios. Even better: They're all hanging on the discount rack.
Besides its popularity among typical retail investors, Alphabet stock also has prominent positions among the holdings of many billionaires. Of the nine stocks Bill Ackman has in his Pershing Square Capital Management portfolio, Alphabet is the fourth-largest position, representing about 13% of the holdings at the end of the second quarter of 2024.
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 167 € there is a slightly positive potential of 8.75% for Alphabet Inc. C compared to the current price of 153.56 €.
