Canadian Pacific Railway Limited (CP), Burger King Worldwide Inc (BKW): Billionaire Ackman Is Still Fighting the Good Fight

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I see BEAM Inc (NYSE:BEAM) as an underrated investment for the most part; Ackman does have fellow billionaire Ken Griffin as one of the top hedge fund shareholders of Beam (see Griffin’s latest shakeups).

The fifth-largest Pershing stock holding and accounting for 7.2% of its portfolio is Burger King Worldwide Inc (NYSE:BKW). Burger King is the fast-food hamburger chain known for “flame-grilled” hamburgers.  Burger King Worldwide Inc (NYSE:BKW) went private in 2010 for $3.3 billion by 3G Capital. Then in mid-2012, Burger King Worldwide Inc (NYSE:BKW) re-emerged in the public markets by merging with an existing stock already trading publicly. Since then, however, the stock has performed pretty well inline with the S&P 500.

Bottom line

Billionaire Ackman has kept his activist campaign in full swing during the first part of the year. I think that Canadian Pacific Railway Limited (NYSE:CP) appears to be a bit expensive. Meanwhile, I think that The Procter & Gamble Company (NYSE:PG) has upside as a mega-cap turnaround.
General Growth Properties is an interesting play in the REIT space, which should perform nicely on the back of a rebounding economy. The other big bet from Ackman is BEAM Inc (NYSE:BEAM), which seems to be performing nicely and should continue to rise with initiatives in new markets. As well, Burger King Worldwide Inc (NYSE:BKW) is executing a solid turnaround.

Marshall Hargrave owns shares of The Procter & Gamble Company (NYSE:PG). The Motley Fool recommends BEAM Inc (NYSE:BEAM) and Procter & Gamble.

The article Billionaire Ackman Is Still Fighting the Good Fight originally appeared on Fool.com.

Marshall is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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