Paw Talk - Pet Forums banner
1 - 1 of 1 Posts

·
Registered
Joined
·
0 Posts
Discussion Starter · #1 ·
Leon Cooperman, who at age 69 ranks as one of the hedge fund industry's elder statesmen,Related Theme Articles:
, put up a list of 10 favorite stocks that he owns at his firm Omega Advisers.
Famed short seller Jim Chanos, who runs hedge fund Kynikos Associates,Veste North Face,Related Theme Articles:
, told the conference he had set his sights on Hewlett Packard.
Perry, who runs roughly $8 billion Perry Capital,The North Face, said he likes Italy's and Spain's sovereign debt. He said everyone else seems to be piling into the stronger European nations' debt, but said there will be value in Italy and Spain.
J.P. Morgan's Erdoes, asked for her single best idea,Wholesale Coach Handbags, offered only three words: "Shorting the Euro."
Money Euro Zone Related Quotes and News Company Price Related NewsCooperman also ventured into politics and forecast that should presumed Republican presidential candidate Mitt Romney win the White House later this year,Related Theme Articles:
, the stock market would jump 150 points. On the other hand he forecasts more gridlock if President Obama is reelected. (Reporting by Svea Herbst-Bayliss; Editing by Gerald E. McCormick and Tim Dobbyn)
Meanwhile, with tongue in cheek, hedge fund manager Richard Perry who was bullish on investment opportunities in Spain and Italy,Doudoune North Face, said his best idea might be to buy shoes.
The panelists spoke to a room full of pension fund managers and hedge fund managers who control billions of dollars. As they search for opportunities, the panelists worried about the economy, the U.S. presidential election in November and where Europe would be headed in the coming months and years.
NEW YORK (Reuters) - With Europe's debt crisis bubbling along and fears rising in some quarters that the U.S. stock rally might fizzle,North Face France, prominent investors have ideas ranging from betting against Europe's common currency to shorting Hewlett Packard stock and buying Capital One Financial Corp shares.
Among stock he likes are oil services company Halliburton, lender Capital One Financial and publisher Gannett.
Having spent time in Europe very recently, Erdoes also said that there are investment opportunities in undervalued European companies but did not identify them.
Cooperman warned that investing now will take a lot of patience and that bets might take years, not months, to pay off.
Shares of Hewlett Packard briefly slid on Chanos' comments but recovered to be up 2.2 percent to $19.29 in afternoon trading.
J.P.Morgan Chase & Co's Mary Callahan Erdoes,Black Coach Purses, head of J.P. Morgan Asset Management, told the CNBC Delivering Alpha conference on Wednesday that her single best investment idea is to short Europe's common currency.
Chanos, whose bet against China has made for headlines in the past, called computer company Hewlett Packard a "value trap for investors." He is worried about the company's higher debt level and its fast pace of acquisitions. This is "value destruction via acquisition," he said.
 
1 - 1 of 1 Posts
Top