1 Dividend Stock Owned by Billionaire Bill Ackman That Could Double by 2030

Investors like to watch Bill Ackman's trading moves closely. That's because he's a billionaire hedge fund manager who has regularly put up market-beating returns since 2004, with a strategy focused on making concentrated bets in high-quality businesses and holding for the long term.Pershing Square Capital Management, Ackman's hedge fund firm, made a notable purchase in a new holding during the six-month period that ended Sept. 30. This is a company most investors have undoubtedly heard of, although it has struggled recently to drive growth.Nonetheless, I believe this billionaire's dividend stock investment could double by 2030. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool