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What Is Hedge Fund Legend Leon Cooperman Buying Today?

June 19, 2013 | About:
CanadianValue

Canadian Value

110 followers
What is Leon Cooperman thinking and buying today?

He thinks that the stock market today is fairly valued. He thinks at 15 to 16 earnings multiple on the S&P is fair, which is roughly where we are today.

He does not see a recession coming, he expects slow economic growth which should keep the market from falling.

Cooperman thinks plenty of stocks are more attractive than 10-year Treasury yields.

As far as specific stocks he likes today Cooperman mentions Sprint Nextel (S). He has bought shares as low as $2 and as high as $7.



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Canadian Value
http://valueinvestorcanada.blogspot.com/

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