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

1. 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.
2. Shire PLC (ADR) (NASDAQ: SHPG) offers 15 percent growth but is trading at a single-digit multiple on next year's earnings.
3. Allergan plc Ordinary Shares (NYSE: AGN) could see 15 to 20 percent recovery at the minimum after last year's poor performance.
4. Hess Corp. (NYSE: HES) is sitting on exploration prospects that aren't being fully appreciated by investors.
5. Gulfport Energy Corporation (NASDAQ: GPOR) should be valued at $32 to $35 even after a poorly thought-out acquisition.
6. MGM Resorts International (NYSE: MGM) is a pure play in Las Vegas' recovery.
7. 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.