As reported last week on Value Walk, Bill Ackman pitched his Lowe’s as one of his favorite stocks at the recent GIBI Conference.
Below were the details:
FCF of 8% and Div Yield of 2% – likes it much more than US Treasuries
There's a gold rush coming as electric vehicle manufacturers fight for market share, proclaimed David Einhorn at this year's 2021 Sohn Investment Conference. Check out our coverage of the 2021 Sohn Investment Conference here. Q1 2021 hedge fund letters, conferences and more SORRY! This content is exclusively for paying members. SIGN UP HERE If you Read More
Limited Fashion Risk, High Gross Margin, Limited Internet Risk (only 8% of sales have significant internet risk)
PPE net book value is $22 billion which is 65% of EV
Buy back 35-40% of shares in next 3-4 years.
Pershing Square Lowes//