Billionaires Ackman and Gates hold stakes in Alphabet and Coupang, expecting growth to outperform S&P 500.

Billionaires Bill Ackman and Bill Gates have substantial stakes in growth stocks Alphabet and Coupang, which they believe could outperform the S&P 500 over the next five years. Alphabet's strong growth in the digital ad market, wide competitive moat, valuable data for AI models and financial strength make it an attractive long-term investment. Coupang, South Korea's leading e-commerce platform, has reported 30% year-over-year revenue growth, and an active customer count up 12%.

August 10, 2024
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