Billionaire Bill Ackman Sold Alphabet and Bought These 2 Undervalued Artificial Intelligence (AI) Stocks Instead

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Billionaire investor Bill Ackman’s Pershing Square Capital Management significantly reduced its Alphabet stake in Q4 and reallocated capital into Amazon and Meta Platforms. Ackman, known for value investing, appears to have traded Alphabet’s strong gains for Amazon, which had a lesser run-up, and sees Meta as an undervalued AI opportunity despite skepticism. Both Amazon and Meta are considered attractive long-term AI investments, currently trading at cheaper forward price-to-earnings ratios amid recent tech sector volatility.

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