Wall Street tycoons Michael Burry and Bill Ackman have both made similar big moves recently on the stock market that smaller investors may want to follow. In the last six months, US markets have proven very volatile, but are overall up in the same period. While big stocks like NVDA and GOOGL remain big gainers, Burry and Ackman have disclosed investments in lesser-known stocks, shooting for monstrous returns. With their success rates on Wall Street, should you invest in these stock options as well?
Burry earlier this year disclosed that he was piling into Adobe (ADBE) stock. The stock had a disastrous start to the summer, tanking in price. However, since July 14, shares have rallied back 19%. Adobe’s stock has dropped 23% year-to-date, but analysts see potential upside driven by strong AI growth and recent acquisitions. The company reported record Q2 revenue and raised its guidance for FY26, indicating positive momentum despite ongoing risks and mixed analyst sentiment.
Additionally, Michael Burry believes that the market is wrongly expecting that AI will kill Adobe’s business. Adobe’s monthly users continues to climb, and its Firefly model is trained on licensed content, so brands like Coca-Cola and Disney can use AI-generated work in real campaigns without copyright risk. Companies are willing to pay Adobe to avoid legal issues, meaning the company’s value remains high despite the surge of AI for creators.
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As for Bill Ackman, the billionaire hedge fund manager disclosed in his latest investor letter that he bought S&P Global stock (SPGI). The stock is down more than 20% from its 2025 high, and Ackman thinks the market threw out a great business over a fear that barely touches it. S&P Global sells financial data, and investors worry AI will make that data cheap and commoditized. The selling picked up after Anthropic launched its Claude Cowork tool.
However, Ackman says S&P Global’s three benchmark franchises — Ratings, Indices, and the Platts energy pricing business businesses produce high margins. None of them is a data-lookup product AI can copy, a fear that similarly hit ADBE. Therefore, Ackman is backing S&P Global stock to rebound back to early 2026 levels.