Billionaire Bill Ackman Has 13% of His Hedge Fund in Uber. 1 Reason Why the Famed Investor Believes the Stock Will Skyrocket Over the Next 5 Years.

Key Points The firm’s research estimates Uber’s earning per share will grow 25% annually in the coming three to five years. Given Uber’s massive user base, it can aggregate demand for both autonomous rides and human-driven trips. 10 stocks we like better than Uber Technologies › Billionaire investor Bill Ackman, who follows Warren Buffett's philosophy when picking businesses, runs Pershing Square Capital Management. The hedge fund firm he founded has nearly 13% of its entire portfolio in Uber Technologies (NYSE: UBER) . Clearly, the market wizard is bullish on the ride-hailing and mobility enterprise. One reason why Ackman is so optimistic on Uber is precisely the catalyst that can result in the growth stock skyrocketing in the next five years.