Market Overview

Some Highlights from 'Delivering Alpha' Conference: Chanos, Paulson, Cooperman, Kingdon, Hohn

Share:
Related HPQ
Piper Jaffray Suspects HP Is Siphoning Off Demand From 3D Systems, Downgrades To Underweight
Slowdown In 3D Printing Demand Has Piper Jaffray Downgrading Stratasys
Why Vision Matters (Seeking Alpha)
Related CAT
Earnings Momentum Continues To Support Stocks Despite Weak Oil
Watch These 7 Huge Put Purchases In Friday Trade
Stocks Gear Down, But Caterpillar Flirts With Breakout (Investor's Business Daily)

CNBC's "Delivering Alpha" conference is making waves Wednesday. Below are some highlights from the presentations/interviews.

Jim Chanos of Kynikos

  • Likes the Japanese auto market/stocks;
  • Says still shorting Hewlett-Packard (NYSE: HPQ);
  • Opened short on Caterpillar (NYSE: CAT); and,
  • Believes the M&A interest in Dell (NASDAQ: DELL) has "put value in the PC area."

John Paulson of Paulson & Co.

  • Believes the "rationale for owning gold is valid,";
  • Still sees "a lot of upside in housing market,";
  • Feels Realogy (NASDAQ: RLGY) is a good way to play the housing recovery; and,
  • Called Cablevision (NYSE: CVC) a likely takeover target in the Cable sector.

Leon Cooperman of Omega Advisors

  • Called the equity market a "zone of fair valuation,";
  • Sees returns in the market as "likely to be less going forward,"; and,
  • Likes Express Scripts (NASDAQ: ESRX), QUALCOMM (NASDAQ: QCOM), Thermo Fisher (NYSE: TMO), SandRidge (NYSE: SD), Arbor Realty (NYSE: ABR), Chimera Investment (NYSE: CIM).

Mark Kingdon of Kingdon Capital

  • Likes Japanese autos;
  • Says he's long Toyota (NYSE: TM); and,
  • Likes Aegerion Pharma (NASDAQ: AEGR).

Chris Hohn of Children's Investment Fund

  • Believes Porsche and Volkswagen to be merged within a year.

Posted-In: Long Ideas News Short Sellers Short Ideas Hedge Funds Movers Trading Ideas General

 

Related Articles (ABR + AEGR)

View Comments and Join the Discussion!