Bill Ackman Says Buy Corrections Corporation of America (CXW)
At the Value Investing Congress today, Pershing Square's Bill Ackman said investors should take a serious look at Corrections Corporation of America (NYSE: CXW).
Bill Ackman says Corrections Corp of America is cheap and CXW is taking meaningful market share from competitors.
Ackman paid more than $25.50 a share for his investment in CXW.
Corrections Corporation of America is currently trading up 2.50% to $25.12.
Corrections Corporation of America is an operator of prisons.
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