Here Are Some Of Leon Cooperman's Top Stock Picks For 2017
Famed hedge fund manager Leon Cooperman was a guest on CNBC's "Halftime Report" segment on Thursday and shared his top investment ideas for 2017.
Here is a summary of what the chairman and CEO of Omega Advisors recommends.
7 Names To Follow
- Walgreens Boots Alliance Inc (NASDAQ: WBA) is one of the three healthcare stocks that performed poorly in 2016 but is expected to rebound in 2017 amid a more encouraging earnings outlook.
- Shire PLC (ADR) (NASDAQ: SHPG) offers 15 percent growth but is trading at a single-digit multiple on next year's earnings.
- Allergan plc Ordinary Shares (NYSE: AGN) could see 15 to 20 percent recovery at the minimum after last year's poor performance.
- Hess Corp. (NYSE: HES) is sitting on exploration prospects that aren't being fully appreciated by investors.
- Gulfport Energy Corporation (NASDAQ: GPOR) should be valued at $32 to $35 even after a poorly thought-out acquisition.
- MGM Resorts International (NYSE: MGM) is a pure play in Las Vegas' recovery.
- First Data Corp (NYSE: FDC) is generating around $1 billion in free cash flow per year so the market is over-reacting regarding its approximate $15 billion debt load, which isn't due for at least five years.
Latest Ratings for AGN
Date | Firm | Action | From | To |
---|---|---|---|---|
Apr 2020 | SunTrust Robinson Humphrey | Downgrades | Buy | Hold |
Mar 2020 | CFRA | Downgrades | Buy | Hold |
Feb 2020 | SunTrust Robinson Humphrey | Maintains | Buy |
View More Analyst Ratings for AGN
View the Latest Analyst Ratings
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