Billionaire Bill Ackman Has Almost 20% of His Pershing Square Portfolio Invested in This Magnificent Growth Stock

This popular investor is a supporter of retail-based businesses. As per SEC regulations, large asset managers must disclose their equity positions within 45 days after the end of a quarter. One well-known hedge fund manager, Bill Ackman of Pershing Square Capital Management, is closely monitored for his investment choices. Ackman’s portfolio includes a retail growth stock that has seen a 316% increase in the last five years.

One of Ackman’s successful investments is Chipotle Mexican Grill (CMG), which his firm has held since 2016. Chipotle’s strong revenue growth and profitability have made it a favorite among investors. The company’s focus on quality ingredients and customer experience, along with its digital initiatives, have contributed to its success. Despite inflationary pressures, Chipotle has maintained pricing power.

While Chipotle has many positive attributes, its current high price-to-earnings ratio suggests it may be overvalued. Therefore, it may not be a wise investment choice at this time.