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

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


Published on 2025-01-03 17:21:26 - MSN
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  • 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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