Market Overview

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

Share:
Related HPQ
Jim Cramer Recommends Buying This $5 Stock, A Hot Retailer And More
Open Text Signs Definitive Deal To Buy Some Customer Experience Software Assets Of HP
Have 3D Systems, Stratasys Stocks Traveled Too Far Too Fast? (Investor's Business Daily)
Related CAT
Argus: Caterpillar Has 20% Upside Even If It Can't Hit Cyclical Highs
The Market In 5 Minutes: Are You Tempted To Bite The Apple?
Caterpillar to close five plants, cut more than 800 jobs (Seeking Alpha)

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 Ideas Hedge Funds Movers Trading Ideas General

 

Related Articles (ABR + AEGR)

View Comments and Join the Discussion!