In this article, we will look at the 5 Best Stocks to Buy Now According to Billionaire Bill Ackman. For a deeper discussion and an extended list, please see 9 Best Stocks to Buy Now According to Billionaire Bill Ackman.
5. Meta Platforms, Inc. (NASDAQ:META)
Meta Platforms, Inc. (NASDAQ:META) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, accounting for 11.37% of the total portfolio.
One of the biggest additions to Pershing Square’s portfolio at the end of the fourth quarter of 2025 was Meta Platforms, Inc. (NASDAQ:META), with Bill Ackman acquiring 2.67 million shares, valued at over $1.76 billion.
After Meta Platforms, Inc. (NASDAQ:META) released its third-quarter 2025 results in October last year, Pershing Square took a position in the stock. The firm cited the 20% share price plunge following the release, where management laid out its plans to dramatically boost spending on AI projects in 2026. Since it initiated the position in November (exact date unknown), the stock has rallied as much as 14% in between but has since given up those gains and been flat as of March 5.
That said, Ackman saw the pullback as a desirable opportunity to acquire a stake in the stock, which was trading at just 20x earnings per share. Citing apps like Facebook, Instagram, and WhatsApp, which make up Meta’s “Family of Apps,” Ackman stated that these apps together boast over 3.5 billion daily active users worldwide, driving the firm’s positive outlook on Meta.
The investment firm believes breakthroughs in AI will improve content recommendations, increase engagement, and improve ad targeting. This would strengthen Meta Platforms, Inc. (NASDAQ:META)’s ecosystem, as the amount of time spent watching videos on Instagram has already grown by almost 30% year-over-year, Ackman stated in his Q4 2025 Letter to Shareholders from February 2026.
At the same time, hedge fund sentiment regarding Meta Platforms, Inc. (NASDAQ:META) weakened during the fourth quarter amid ongoing concerns surrounding its massive AI-related spending. Collectively, the total hedge fund stake in the stock decreased to $44 billion from $61.30 billion, and the number of bullish hedge funds also shrank from 273 to 256, according to Insider Monkey’s database.
Meanwhile, Meta Platforms, Inc. (NASDAQ:META) continues its efforts to capitalize on the AI boom.
On March 4, 2026, Meta Platforms, Inc. (NASDAQ:META) and News Corp. signed a multi-year AI content license agreement valued at up to $50 million per year. This enables Meta to access U.S. and U.K. content that can be used to train AI models and power its products. The contract will be in effect for a minimum of three years.
Meta Platforms, Inc. (NASDAQ:META) creates social media apps and digital platforms through its Family of Apps and Reality Labs divisions. The corporation is headquartered in Menlo Park, California.
4. Alphabet Inc. (NASDAQ:GOOGL)
Alphabet Inc. (NASDAQ:GOOGL) is among the 9 best stocks to buy according to billionaire Bill Ackman, representing 13.83% of the total portfolio (including both Class A and C shares).
While keeping a sizable holding in Alphabet Inc. (NASDAQ:GOOGL), Bill Ackman’s hedge fund reduced its exposure to the digital giant.
Ackman sold about 4.33 million shares of the company during the fourth quarter of 2025, leaving him with over 6.84 million shares (both classes of shares included) by the end of the quarter. The fund’s ongoing faith in the company’s long-term potential is evident from its remaining investment of over $2.15 billion.
In his Letter to Shareholders from February 2026, Ackman cited Alphabet Inc. (NASDAQ:GOOGL)’s growing leadership in AI as a key growth driver. He emphasized how Google is deploying AI solutions worldwide by utilizing its scale in data, infrastructure, and distribution. He highlighted AI Overviews as a prime example, which currently reaches over two billion people in 200 countries, boosting search engagement and query growth, especially among younger groups.
Alphabet Inc. (NASDAQ:GOOGL)’s AI innovation pipeline, which includes work from its research arm Google DeepMind, was highlighted by Ackman, who remains confident in the integration of Gemini models into the larger Google ecosystem. With a $70 billion sales run-rate and growing profitability, the company’s cloud division is another key growth engine, according to the firm.
Analyst sentiment remains strong as of March 5, 2026, mirroring the fund’s expectations. While no significant insider trading activity has been disclosed recently, Alphabet Inc. (NASDAQ:GOOGL) enjoys a bullish stance of nearly 90% of covering analysts, with a consensus price target of $385.00, suggesting a 30% upside.
Alphabet Inc. (NASDAQ:GOOGL) operates as a technology holding company that runs Google Services, Google Cloud, and Other Bets. Its ecosystem comprises Search, YouTube, Android, and Maps, and it offers digital advertising, cloud infrastructure, and new technology solutions worldwide.
3. Amazon.com, Inc. (NASDAQ:AMZN)
Amazon.com, Inc. (NASDAQ:AMZN) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, representing 14.28% of the total portfolio.
During Q4 2025, billionaire investor Bill Ackman increased his exposure to the company. He held more than 9.61 million shares as of the quarter-end after acquiring 3.78 million shares during the quarter. The position was valued at over $2.22 billion, making Amazon.com, Inc. (NASDAQ:AMZN) the third-largest holding in Pershing Square’s portfolio.
Pershing Square initially established its position in April 2025 during tariff-driven market volatility. In its latest Letter to Shareholders, the firm highlighted Amazon Web Services (AWS) and the company’s global e-commerce platform as category-defining businesses supported by strong secular growth trends. AWS continues to benefit from enterprise cloud migration and increasing demand for AI infrastructure, according to Bill Ackman.
Amid Ackman’s optimism surrounding the stock’s outlook, institutional sentiment around Amazon.com, Inc. (NASDAQ:AMZN) also strengthened during the quarter. The number of hedge funds holding positions in the stock climbed to 381 from 332, with their combined stake rising to approximately $88.7 billion, up from $73.35 billion, according to Insider Monkey’s database. The overall optimism reflects the company’s ongoing efforts to lead the AI race.
In contrast to the positive sentiment, recent insider activity raises uncertainty. In the last week of February alone, a significant number of insider trades took place, totaling $13 billion in sales, according to Yahoo Finance. The massive selling activity was seen ahead of Amazon.com, Inc. (NASDAQ:AMZN)’s strong fourth-quarter results and new $21 billion investment in Spain for data centers and AI.
Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks..
2. Uber Technologies, Inc. (NYSE:UBER)
Uber Technologies, Inc. (NYSE:UBER) ranks among the 9 best stocks to buy according to billionaire Bill Ackman, representing 15.90% of the total holdings.
As of the end of the fourth quarter of 2025, Uber Technologies, Inc. (NYSE:UBER) ranked as the second-largest investment of Pershing Square. The hedge fund held over 30.21 million shares of Uber Technologies, Inc. (NYSE:UBER), slightly trimming its stake from the previous quarter to approximately $2.47 billion.
Pershing Square pinpointed Uber Technologies, Inc. (NYSE:UBER) in its 2025 annual report as a high-quality, capital-light platform supported by strong network effects. The firm further asserted that third-party AV integrations will likely drive superior fleet utilization and significant operating leverage. Additionally, Pershing Square also highlighted the company’s 20% constant-currency bookings growth, 13.6 billion annual trips, and a robust 50% rise in operating profit in 2025. The report noted that the hedge fund created a position in Uber in early 2025 as it viewed the valuation as attractive.
Their call played well till September 2025, when the stock rallied to nearly $100 from $75 levels in early 2025. But the stock has given up those gains and is now marginally down over the last one year.
Their report also highlighted the supporting factors for Uber’s investment case. It argued,
We believe that AV technology will not be a winner-take-all model and that third-party networks, and Uber in particular, have a valuable role to play. The stock market clearly underappreciates the durability of Uber’s moat, the magnitude of its earnings growth, and the strategic role it will play in shaping the future of mobility. Uber currently trades at less than 20 times our estimate of earnings per share, which is a bargain relative to our expectation that Uber will generate 30% or greater annual earnings per share growth over the medium-term.
It further added, “We believe that the combination of Uber’s rapid earnings-per-share growth and the potential for significant valuation multiple expansion, as investors better appreciate the sustainability of Uber’s future growth prospects and competitive positioning, should drive substantial future share price appreciation.
Meanwhile, at the Morgan Stanley Technology, Media & Telecom Conference on March 2, 2026, CFO Balaji Krishnamurthy articulated Uber Technologies, Inc. (NYSE:UBER)’s strategic pillars: reinvestment in the core business, spending on autonomous vehicle technology, disciplined mergers and acquisitions, shareholders’ returns, and maintaining an investment-grade balance sheet.
Uber Technologies, Inc. (NYSE:UBER) delivered $10 billion in FCF in 2025 and returned more than $6 billion to shareholders. Management also highlighted grocery and retail gross bookings of $12-$13 billion and projected AV deployments up to 15 cities by the end of the year.
Uber Technologies, Inc. (NYSE:UBER)’s CFO, Balaji, purchased shares worth $1.60 million on February 24, 2026. The executive’s purchase followed DA Davidson’s update on the previous day, where the investment firm projected a healthier pricing environment to fuel acceleration in U.S. trip and gross bookings growth.
Uber Technologies, Inc. (NYSE:UBER) is a technology platform offering ride-hailing, food delivery, and freight services through Mobility, Delivery, and Freight segments. The company was founded in 2009 and is headquartered in San Francisco, CA.
1. Brookfield Corporation (NYSE:BN)
Brookfield Corporation (NYSE:BN) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, accounting for 18.15% of the total portfolio.
As of the end of Q4 2025, billionaire investor Bill Ackman held 61.40 million shares of Brookfield Corporation (NYSE:BN) valued at $2.82 billion, a slight increase compared to $2.81 billion in Q3. With this, the company is the firm’s top holding.
Ackman’s investment thesis is straightforward, as he views the company as a structurally undervalued compounder. In its 2025 annual report, Pershing Square Holdings highlighted Brookfield Corporation (NYSE:BN) as a high-quality, asset-rich company with strong capital allocation and long-term growth potential. This outlook is tied to the rapid expansion of Brookfield Wealth Solutions, which manages $135 billion in insurance assets. The pending acquisition of Just Group is expected to broaden its annuity portfolio and strengthen its position in the UK. The annual report highlighted:
We continue to believe Brookfield is an extremely attractive investment with ~20% compounded growth in cash flows over the medium-term and the potential for substantial earnings multiple expansion from current levels.
At the same time, hedge fund sentiment improved modestly over the period, with the number of hedge funds holding positions in Brookfield Corporation (NYSE:BN) rising to 46 from 42, according to Insider Monkey’s database. Meanwhile, the combined stake of those hedged funds rose to $6.5 billion from $6.29 billion, reflecting continued institutional interest in Brookfield’s diversified real asset platform.
Meanwhile, recent developments shed light on Brookfield’s strategic pivot toward emerging infrastructure themes.
On March 3, 2026, Brookfield Corporation (NYSE:BN) established a $1.00 billion unsecured commercial paper program to bolster its liquidity position. Additionally, on February 27, 2026, Brookfield’s AI infrastructure venture Radiant reached $1.30 billion valuation after its merger with Ori Industries, according to a Reuters report.
Brookfield Corporation (NYSE:BN) is a global investment firm that manages private and public investments. The company focuses on investing in real assets, including infrastructure, renewable power, real estate, private equity, and credit.
While we acknowledge the potential of BN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BN and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 12 Best Beaten Down Technology Stocks to Buy According to Wall Street Analysts.
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