5 Best Long-Term Stocks to Buy According to Bill Ackman

2. Uber Technologies, Inc. (NYSE:UBER)

Pershing Square’s Stake: $2.5 Billion

Uber Technologies, Inc.(NYSE:UBER) has been a mainstay in the 13F portfolio of Pershing Square since the first quarter of 2025. Back then, this position consisted of 30.3 million shares. Filings for the fourth quarter of 2025 show that the fund owns 30.1 million shares in the company, roughly the same as in the third quarter of 2025. The firm develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities.

Uber Technologies, Inc.(NYSE:UBER) is in the middle of a transformation from a gig labor business into an autonomous vehicle and high-margin advertising powerhouse. Earlier this month, Uber expanded a commitment to Lucid, now holding an 11.5% stake in the EV maker. This deal secures a pipeline of at least 35,000 robotaxis, including the Lucid Gravity and a new midsize platform, that Uber will operate directly. Unlike Tesla, which builds its own cars, top investors value this partnership first model. By integrating platforms like Waymo, Nuro, and Coco Robotics, the latter launched with Uber Eats in San Jose this week, Uber acts as the operating system for autonomous trips without the risk of manufacturing failures.