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28.06.2025 15:00:00
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If I Could Only Buy 1 Artificial Intelligence (AI) Stock, It Would Be This Monster "Magnificent Seven" Member Approved by Billionaires Warren Buffett and Bill Ackman
Bill Ackman is a billionaire investor and serves as CEO to the hedge fund Pershing Square Capital Management. Throughout the artificial intelligence (AI) revolution, Pershing Square's primary exposure to the stock market's latest megatrend has been through a position in Alphabet.Recently, however, Ackman made headlines after it was revealed that Pershing Square complemented its Alphabet position with another member of the "Magnificent Seven": Amazon (NASDAQ: AMZN). Interestingly, Amazon is one of the few technology stocks featured in Warren Buffett's portfolio at Berkshire Hathaway.Let's explore why billionaire investors like Buffett and Ackman may have taken a liking to Amazon. Moreover, I'll break down why the e-commerce and cloud computing giant is my top pick among AI stocks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool