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Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

Shortly after acquiring shares, the stock moved significantly higher in value, prompting Ackman to sell. But he had another opportunity in 2018, and he built a significant position in the hotelier. Ackman's investment thesis for Hilton is still as true today as it was when he wrote about it in 2018.

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Stellex Buys Industrial Construction Services from Stone Arch

Private Equity Professional

The ICS platform was formed by Stone Arch in September 2018 with the acquisition of Louisiana-based Electrical and Instrumentation Unlimited , a company specializing in industrial electrical and instrumentation services across the Gulf Coast, Mid-Atlantic, and Southeastern regions of the United States. .”

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1 Growth Stock Down 80% to Buy Right Now

The Motley Fool

From 2018 to 2023, Lyft's revenue grew at a compound annual growth rate (CAGR) of 15% as its number of year-end active riders rose from 18.6 Metric 2018 2019 2020 2021 2022 2023 Active Riders 18.6M With an enterprise value of $4.5 Unlike Uber, Lyft doesn't provide its own first-party food delivery services. million to 22.4

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Advent agrees sale of Indian packaging firm to PAG for nearly $1bn

Private Equity Wire

US private equity firm Advent International has reached an agreement to sell Indian packaging giant Manjushree Technopack to Hong Kong-based investment firm PAG for an enterprise value nearing $1bn, according to a report by Reuters.

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This Dividend Stock Has Doubled Since 2018. Here's Why It's Still a Buy.

The Motley Fool

The natural gas giant has doubled in value since 2018, easily outpacing the roughly 66% return for the S&P 500 (14.6% This underperformance led Toby Rice (a former executive at Rice Energy) to launch a proxy campaign to wrestle control of EQT from its board and management team in late 2018. annualized versus 10.6%

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Carnival Cruise Lines: Buy, Sell, or Hold?

The Motley Fool

A bull can look at the stock chart and see that Carnival is trading 78% below its all-time high in early 2018, but it doesn't mean that the company's perceived value is 78% less than it was more than five years ago. The end result is that Carnival's current enterprise value of $50.7 billion isn't far from its 2018 peak.

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Billionaire Bill Ackman Has 53% of His Hedge Fund's $10.6 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

The investor first accumulated shares of the largest hotelier in the world in 2016, but it wasn't until 2018 that he had an opportunity to establish a significant position in the stock during the market downturn. Its loyalty program has grown from 80 million, when Ackman invested in 2018, to over 195 million today.