Bill Ackman Is Betting On This TSX Stock -- And It's a Deal Right Now

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Bill Ackman Is Betting On This TSX Stock -- And It's a Deal Right Now

_{//stocks-investing.news-articles.net/content/202 .. on-this-tsx-stock-and-it-s-a-deal-right-now.html}
^{Published in Stocks and Investing on Friday, January 3rd 2025 at 17:21 GMT by MSN}

Here's why Restaurant Brands (TSX:QSR) is a top holding of hedge fund manager Bill Ackman right now. The post Bill Ackman Is Betting On This TSX Stock -- And It's a Deal Right Now appeared first on The Motley Fool Canada.

The article from MSN Money discusses billionaire investor Bill Ackman's investment in a TSX-listed company, Canadian Pacific Kansas City (CPKC), which he believes is undervalued and presents a significant investment opportunity. CPKC, formed by the merger of Canadian Pacific Railway and Kansas City Southern, is now the only railway connecting Canada, the U.S., and Mexico. Ackman, who has a history with the company, sees potential in its unique transcontinental network, which could benefit from increased trade under initiatives like the USMCA. Despite a recent dip in stock price, the article suggests that CPKC's strategic positioning and growth prospects make it an attractive buy, especially with its current valuation being described as a "deal."

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/bill-ackman-is-betting-on-this-tsx-stock-and-it-s-a-deal-right-now/ar-AA1wVGd0 ]

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