Bill Ackman’s Pershing Square discloses Microsoft stake, touts ‘deeply embedded’ software

Source: New York Post

Billionaire investor Bill Ackman revealed Friday that his firm Pershing Square Capital has built a stake in Microsoft – and said the tech giant “offers analogous and compelling long-term value” despite a recent stock slump. Ackman, 60, wrote in a lengthy X post that Microsoft operates “two of the most valuable franchises in enterprise technology” in the form of its 365 productivity apps, which include Word and Excel, and its Azure cloud-computing business. “In our view, investors underestimate the resilience of the M365 franchise given its deeply embedded role across enterprises and highly attractive price-value proposition,” the renowned moneyman wrote.