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Carl Icahn is “Cautiously Optimitic”; Top Purchases: MOT, CHK, MENT, MAT, MAS

December 06, 2010 | About:
guruek

guruek

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Carl Icahn talked to CNBC this morning. He is “sort of bullish” and “cautiously optimistic” on the stock market, giving credit to Fed Chairman Ben Bernanke, who according to Icahn, did something brilliant. There is a lot of cash on the sideline and it is coming out to be put in use.

Much of the CNBC interview is on Lion Gate (LGF), for which Icahn extended a buyout offer three times before and he has just extended again:

























The activist investor tends to accumulate a lion share of companies he chooses to invest in, to seek board seats and to change the courses of the companies. Here are the list of companies he has bought or added shares during the third quarter in 2010:

No. 1: Motorola Inc. (MOT), Add: 3.85% of the portfolio - Total: 200,341,729 Shares

Motorola, Inc. is a global leader in providing integrated communications solutions and embedded electronic solutions. Motorola Inc. has a market cap of $19.36 billion; its shares were traded at around $8.24 with a P/E ratio of 24.24 and P/S ratio of 0.88.



No. 2: Chesapeake Energy Corp. (CHK), Add: 1.76% of the portfolio - Total: 16,643,030 Shares

Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $14.49 billion; its shares were traded at around $22.16 with a P/E ratio of 7.29 and P/S ratio of 1.88. The dividend yield of Chesapeake Energy Corp. stocks is 1.35%. Chesapeake Energy Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.



No. 3: Mentor Graphics Corp. (MENT), Add: 1.41% of the portfolio - Total: 12,896,232 Shares

MENTOR GRAPHICS CORP. designs, manufactures, markets and supports electronic design automation (EDA) software for the integrated circuit and systems design markets. Mentor Graphics Corp. has a market cap of $1.3 billion; its shares were traded at around $11.91 with a P/E ratio of 42.54 and P/S ratio of 1.62.



No. 4: Mattel Inc. (MAT), Buy: 1.13% of the portfolio - Total: 2,425,520 Shares

Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers anddirect to consumers. Mattel Inc. has a market cap of $9.34 billion; its shares were traded at around $26.02 with a P/E ratio of 14.54 and P/S ratio of 1.72. The dividend yield of Mattel Inc. stocks is 3.19%. Mattel Inc. had an annual average earning growth of 4% over the past 10 years.



No. 5: Masco Corp. (MAS), Buy: 1.1% of the portfolio - Total: 5,022,080 Shares

Masco Corporation is a manufacturer of home. Masco Corp. has a market cap of $4.3 billion; its shares were traded at around $11.99 with a P/E ratio of 44.41 and P/S ratio of 0.55. The dividend yield of Masco Corp. stocks is 2.5%.



Check out the complete holdings and trading activities of Icahn by clicking on Carl Icahn


Rating: 2.6/5 (9 votes)

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