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Benzinga
Benzinga
Business
Rishabh Mishra

Bill Ackman Says META and AMZN Are 'Cheap Stocks' Despite Their Massive Size

Amazon.com Inc. (NASDAQ: AMZN)

Billionaire investor Bill Ackman, the founder of Pershing Square, is betting heavily on tech behemoths Meta Platforms Inc. (NASDAQ:META)and Amazon.com Inc. (NASDAQ:AMZN), identifying both companies as “durable compounders.”

According to Ackman, these dominant players possess the cash flow predictability and resilience required to anchor a highly concentrated, long-term portfolio.

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