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Anthony Scaramucci's Hedge Fund Trade Of The Week: Williams Companies (WMB)

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Anthony Scaramucci said on CNBC's Fast Money that this week's hedge fund trade of the week is Williams Companies, Inc. (NYSE: WMB).

Mr. Scaramucci thinks that this company is worth between $37 and $45 per share. He expects that Williams Companies, Inc. (WMB) will unleash value in the E&P spin off. He also said that WMB owns 75% of William MLP, which is worth around $10.5 billion, and it also owns WMZ distribution which is valued at $4.5 billion.

Williams Companies, Inc. (WMB) is owned by Michael Karsch of the Karsch Capital Management, Adage Capital, Daniel Loeb, and Omega. Anthony Scaramucci thinks that this stock is cheap.

Williams Companies, Inc. (WMB) fell 1.61% in the regular trading session, and it closed at $29.36. In the after hours, it added 1.70%.

Posted-In: Adage Capital Anthony Scaramucci CNBC Daniel Loeb Karsch Capital ManagementLong Ideas Media Trading Ideas

 

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