Pershing Square, Ackman's $10 billion hedge fund, is the largest shareholder in J.C. Penney (JCP). He told the audience at the CNBC and Institutional Investor Delivering Alpha conference that he believes that the department store chain has the biggest potential upside of any company in Pershing Square's portfolio.
Continue reading here
Also check out:
- Bill Ackman Undervalued Stocks
- Bill Ackman Top Growth Companies
- Bill Ackman High Yield stocks, and
- Stocks that Bill Ackman keeps buying