In this article, we will take a look at the 8 Best Stocks to Buy According to Billionaire Bill Ackman.
Bill Ackman needs no introduction as an outspoken, legendary investor known for one risky bet after another. The founder and CEO of Pershing Square Capital has risen to become one of the most successful money managers on Wall Street.
As a value investor, Ackman is known for looking for good, hard-to-compete-with companies that he believes markets are underestimating. Pershing Square Holdings ended 2025 strongly, with reports indicating returns of over 20% driven by its value-investing strategy. The holding firm outperformed the S&P 500 by 14%, owing to its holdings in some of the biggest tech giants as well as unpopular names.
The catalyst behind the significant gains in 2025 was the growing expectation that the US Federal Reserve would cut interest rates. While the Fed cut three times, Ackman has warned that it is highly unlikely to cut further in 2026. “I think the Fed will abandon the goal of 2%,” Ackman told UBS Group’s global co-head of wealth management, Iqbal Khan
According to Ackman, it is fiction that the inflation levels will drop below the recommended 2%. The billionaire investor expects the Federal Reserve to aim for an inflation target of between 2.5% and 3%.
“People are expecting a couple more cuts from the Fed. I’m a little less of a believer there,” Ackman says. “There are so many powerful economic forces that are going to drive the economy and drive the markets that it’s hard to envision a world in which that at least some part [is] inflationary.”
Even with the Fed refraining from further interest rate cuts, Ackman insists President Donald Trump’s presidency is best suited for businesses to thrive.
“I think Trump has been the most pro-business president we’ve ever had,” Ackman said on CNBC’s “Squawk Box.”
Deregulation, infrastructure, and tax bills are among the tailwinds that Ackman believes have benefited businesses and are expected to support the stock market.
With that in mind, let’s take a look at some of the best stocks to buy according to Bill Ackman.
Our Methodology
We sifted through Pershing Square’s Q3 2025 13F filings and picked the hedge fund’s top 8 stock picks. Furthermore, we considered hedge fund sentiment for each stock using Insider Monkey’s Q3 2025 hedge fund database. Finally, we ranked the stocks in ascending order based on Pershing Square Holding Equity Stake.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Stocks to Buy According to Billionaire Bill Ackman
8. Hilton Worldwide Holdings Inc. (NYSE:HLT)
Pershing Square Holdings Equity Stake: $786.25 Million
Number of Hedge Fund Holders: 65
Hilton Worldwide Holdings Inc. (NYSE:HLT) is one of the best stocks to buy, according to billionaire Bill Ackman. On January 14, Hilton Worldwide Holdings Inc. (NYSE:HLT) board of directors approved a $3.5 billion increase in the company’s existing stock repurchase program. The total amount authorized for buyback has since risen to $4.6 billion.
The share buyback boost comes on the heels of Goldman Sachs upgrading the stock to a Buy from a Neutral and setting a $317 price target. The investment bank expects the company to return $11 billion in stock repurchases over the next four years, representing 20% of total market capitalization.
According to the investment bank, the company is well-positioned to benefit from ongoing outperformance in the higher-end consumer segment and international markets. The company boasts strong sector positioning, backed by a large pipeline of existing room count. Goldman Sachs has also touted Hilton’s competitive edge in revenue per available room, even as it focuses on property conversions.
Hilton Worldwide Holdings Inc. (NYSE:HLT) is a global hospitality giant that owns, manages, and franchises a massive portfolio of hotels, resorts, and timeshare properties under numerous brands, offering lodging and related services (food and dining) across luxury, lifestyle, full-service, and economy options.
7. Chipotle Mexican Grill, Inc. (NYSE:CMG)
Pershing Square Holdings Equity Stake: $844.19 Million
Number of Hedge Fund Holders: 65
Chipotle Mexican Grill Inc. (NYSE:CMG) is one of the best stocks to buy, according to billionaire Bill Ackman. On January 5, TD Cowen touted Chipotle Mexican Grill Inc. (NYSE:CMG)’s first quarter and full year 2026 same-store sales estimates, insisting they are achievable based on current projections.
Consequently, the research firm raised its price target to $44 from $40 while reiterating its Buy rating. The price target hike comes amid the firm downplaying previous management comments that the company would start 2026 at a negative baseline. Likewise, the firm insists that the recent market weakness is not company-specific but industry-wide.
Telsey Advisory Group shares similar sentiments, insisting softness in Chipotle’s business is due to macro pressure on consumer spending rather than structural weakness. Similarly, the firm has reiterated an Outperform rating on the stock with a $50 price target.
According to the firm, Chipotle is well-positioned to become a leading global restaurant brand, given its healthy multi-year unit growth prospects in North America. In addition, the restaurant chain is well-positioned to unlock new growth opportunities across Europe, the Middle East, and Asia.
Chipotle Mexican Grill, Inc. (NYSE:CMG) is a global fast-casual restaurant chain known for customizable burritos, tacos, bowls, and salads, emphasizing high-quality, responsibly sourced ingredients and classic cooking methods, operating over 3,900 locations by late 2025.
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