Do you recommend investing in PSTH Stocks?
Asked 4 years ago
I'm thinking of adding this to my investment portfolio. Has anyone here tried PSTH stocks on the market, and is it any good? All opinions are welcomed.
Andrew Moran
Friday, June 25, 2021
Now, do you mean buying stocks that Pershing Square Capital Management owns? Or do you mean directly trading PTSH?
If it is the former, Bill Ackman's fund has picked some good companies to invest, particularly Restaurant Brands International (QSR), Chipotle Mexican Grill (CMG), and Dominos Pizza (DPZ).
The company also holds a considerable stake in Fannie Mae and Freddie Mac.
Because many of the socks it holds are near all-time highs, you might be better off purchasing shares in PSTH.
Although it does not pay a dividend, Ackman has been expanding PSTH's horizons, including the company's latest push into Universal Music.
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