50 Top Stock Picks In Q2 That Billionaires Love

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Lowe’s

Seeking Alpha

Market Value: $125.7 billion
Billionaire Investor: Bill Ackman (Pershing Square Capital)
Percent of Portfolio: 22.2%

Lowe’s is one of America’s most popular home improvement stores, taking second place after Home Depot. Not only has it been one of Wall Street’s top investment picks for some time, it’s impressively had a dividend increase for at least 57-years continuously ever since its stock went public in 1961. Bill Ackman of Pershing Square Capital (AUM $9.2 billion) has 12.7 million shares, having first bought stock in 2018. Home depot stores have proven smart investments, especially during the pandemic and now it accounts for 22.2% of Pershing Square Capital’s equity portfolio.