Bill Ackman once exited his Netflix stake in a huff. He’s buying the streaming giant again, as well as these five stocks.

Core Impact Points

• Bill Ackman has re-invested in Netflix after previously exiting his stake in the company.
• Pershing Square, Ackman's investment firm, has added five new stocks to its portfolio in the last six months.
• The investment decision highlights the growing importance of streaming services in the US entertainment industry.
• Netflix's stock price may experience a short-term boost due to Ackman's re-investment.
• The addition of new stocks to Pershing Square's portfolio suggests a diversified investment strategy.
• Ackman's investment in Netflix may have implications for the US market and economy, particularly in the entertainment and media sectors.