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Stocks rise nearly 3% after Bill Ackman urges buying quality shares now

Market News
01 Apr 2026
24/7 Wall Street
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Bullish
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Bill Ackman recently advised investors that now is an excellent time to buy quality stocks, highlighting bargains like Meta Platforms, Amazon, and Alphabet. Following his call, stocks surged nearly 3% in one session, reflecting market optimism amid oversold conditions. Ackman’s Pershing Square fund has been accumulating these tech giants, betting on their AI-driven growth and long-term potential despite recent market volatility. Investors may consider buying the dip in these firms, which trade at attractive price-to-earnings ratios and show strong innovation prospects.

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