17 Stocks Leon Cooperman Favors

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 |  Includes: AAPL, ACE, BP, BR, CTXS, CVS, DISCA, DNR, ETFC, GM, JPM, KKR, MET, MTG, TEVA, VOD, VZ
by: Insider Monkey

Leon Cooperman worked at Goldman Sachs (NYSE:GS) for twenty five years and he was formerly Chairman and CEO of Goldman Sachs Asset Management. Currently Leon Cooperman is the chairman of Omega Advisors where he is managing 6 billion dollars. His annual returns have averaged around 16% since 1991. Cooperman’s Omega Advisors is currently 80% long, one of the most bullish equity hedge funds around.

Last week, Leon Cooperman was on CNBC, talking about his investment choices and favorite stocks. Leon Cooperman does not prefer cash because of zero return. He is short treasury bonds and he doesn’t like current interest rates in high yield bonds either. He thinks that stocks are the best houses in the neighborhood. Here are the brief analyses of the Leon Cooperman's 17 favorite stocks.

1. Apple (NASDAQ:AAPL): In fiscal 2010, AAPL reported total revenue of $65.2 billion, an increase of 52% compared with a year ago. Annual net income was $16.6 billion in 2010. AAPL recently traded at $351.54 and has a zero dividend yield. AAPL gained 52.2% during the past 12 months. The stock has a market cap of $323.9 billion and P/E ratio of 19.6. Apple is one of the 40 stocks that wall street analysts are insanely bullish about. Nearly 200 hedge funds own 4% of Apple’s outstanding shares. Hedge fund stars like David Einhorn, John Griffin, Stephen Mandel, Chase Coleman and John Burbank all own AAPL in their portfolio.

2. Ace (NYSE:ACE): In fiscal 2010, ACE reported total revenue of $16 billion an increase of 6.1% compared with a year ago. Annual net income was $3.1 billion in 2010. ACE recently traded at $62.37 and has a 2.08% dividend yield. ACE gained 21% during the past 12 months. The stock has a market cap of $20.9 billion and P/E ratio of 6.74.

3. BP (NYSE:BP): In fiscal 2010, BP reported total revenue of $297.5 billion an increase of 24.1% compared with a year ago. Annual net income was -$3.7 billion in 2010. BP recently traded at $46.87 and has a 2.69% dividend yield. BP lost 15.2% during the past 12 months. The stock has a market cap of $146.9 billion. T. Boone Pickens also bought BP shares during the last quarter of 2010.

4. Broadridge Financial Solutions (NYSE:BR): In fiscal 2010, BR reported total revenue of $2.2 billion an increase of 6.3% compared with a year ago. Annual net income was $190 million in 2010. BR recently traded at $21.46 and has a 2.75% dividend yield. BR gained 3.2% during the past 12 months. The stock has a market cap of $2.7 billion and P/E ratio of 14.2. David Einhorn has BR in his portfolio as well.

5. Citrix Systems (NASDAQ:CTXS): In fiscal 2010, CTXS reported total revenue of $1.87 billion an increase of 16.1% compared with a year ago. Annual net income was $277 million in 2010. CTXS recently traded at $70.14 and has a zero dividend yield. CTXS gained 45.9% during the past 12 months. The stock has a market cap of $13.2 billion and P/E ratio of 47.4. John Griffin’s Blue Ridge and Lee Ainslie’s Maverick Capital are among the hedge funds with CTXS positions.

6. CVS Caremark (NYSE:CVS): In fiscal 2010, CVS reported total revenue of $96.4 billion a decrease of 2.3% compared with a year ago. Annual net income was $3.42 billion in 2010. CVS recently traded at $33.89 and has a 1.15% dividend yield. CVS lost 6.8% during the past 12 months. The stock has a market cap of $46.4 billion and P/E ratio of 13.6.

7. Discovery Communications (NASDAQ:DISCA): In fiscal 2010, DISCA reported total revenue of $3.77 billion an increase of 9% compared with a year ago. Annual net income was $653 million in 2010. DISCA recently traded at $39.34 and has a zero dividend yield. DISCA gained 17.1% during the past 12 months. The stock has a market cap of $16 billion and P/E ratio of 24.5.

8. Etrade (NASDAQ:ETFC): In fiscal 2010, ETFC reported total revenue of $1.13 billion an increase of 159.1% compared with a year ago. Annual net income was -$28 million in 2010. ETFC recently traded at $15.8 and has a zero dividend yield. ETFC gained 1.9% during the past 12 months. The stock has a market cap of $3.5 billion.

9. Denbury Resources (NYSE:DNR): In fiscal 2010, DNR reported total revenue of $1.812 billion an increase of 105.9% compared with a year ago. Annual net income was $272 million in 2010. DNR recently traded at $24.17 and has a zero dividend yield. DNR gained 54.9% during the past 12 months. The stock has a market cap of $9.7 billion and P/E ratio of 35.7.

10. General Motors (NYSE:GM): In fiscal 2010, GM reported total revenue of $135.6 billion an increase of 29.6% compared with a year ago. Annual net income was $6.1 billion in 2010. GM recently traded at $31.47 and has a zero dividend yield. GM lost 8% during the past 5 months. The stock has a market cap of $49.1 billion and P/E ratio of 8.04. John Griffin’s Blue Rigde, William Ackman’s Pershing Square, George Soros, David Tepper’s Appaloosa, Roberto Mignone’s Bridger Management and Richard Perry’s Perry Capital are among the several high profile hedge funds with GM positions.

11. JP Morgan Chase (NYSE:JPM): In fiscal 2010, JPM reported total revenue of $86.05 billion an increase of 25.8% compared with a year ago. Annual net income was $17.37 billion in 2010. JPM recently traded at $45.86 and has a 0.44% dividend yield. JPM gained 2.4% during the past 12 months. The stock has a market cap of $182.7 billion and P/E ratio of 9.2. Hedge funds, 164 of them, own 4% of JPM’s outstanding shares. During the fourth quarter, they spent $1.8 Billion to place their bullish bets. Steven Mandel, John Griffin, Bill Miller, and Lee Ainslie are among the high profile hedge fund managers invested in JPM.

12. KKR Financial (NYSE:KKR): In fiscal 2010, KKR reported total revenue of $0.382 billion an increase of 51.6% compared with a year ago. Annual net income was $333 million in 2010. KKR recently traded at $17.84 and has a 2.92% dividend yield. KKR gained 81.3% during the past 8 months. The stock has a market cap of $3.8 billion and P/E ratio of 11.4.

13. MetLife (NYSE:MET): In fiscal 2010, MET reported total revenue of $52.7 billion an increase of 28.3% compared with a year ago. Annual net income was $2.79 billion in 2010. MET recently traded at $45.05 and has a 1.64% dividend yield. MET gained 8.5% during the past 12 months. The stock has a market cap of $47.5 billion and P/E ratio of 17.02.

14. MGIC Investment (NYSE:MTG): In fiscal 2010, MTG reported total revenue of $1.57 billion a decrease of 19.1% compared with a year ago. Annual net income was -$363 million in 2010. MTG recently traded at $8.75 and has a zero dividend yield. MTG lost 13.1% during the past 12 months. The stock has a market cap of $1.8 billion.

15. Teva Pharmaceutical (NYSE:TEVA): In fiscal 2010, TEVA reported total revenue of $16.12 billion an increase of 16% compared with a year ago. Annual net income was $3.33 billion in 2010. TEVA recently traded at $50.41 and has a 1.54% dividend yield. TEVA lost 19.8% during the past 12 months. The stock has a market cap of $47.4 billion and P/E ratio of 14.2.

16. Vodafone (NASDAQ:VOD): In fiscal 2010, VOD reported total revenue of $67.46 billion an increase of 13.03% compared with a year ago. Annual net income was $18.25 billion in 2010. VOD recently traded at $28.43 and has a 4.53% dividend yield. VOD gained 37.3% during the past 12 months. The stock has a market cap of $146.7 billion and P/E ratio of 8.04.

17. Verizon (NYSE:VZ): In fiscal 2010, VZ reported total revenue of $106.56 billion a decrease of 1.2% compared with a year ago. Annual net income was $2.55 billion in 2010. VZ recently traded at $37.29 and has a 5.16% dividend yield. VZ gained 30.5% during the past 12 months. The stock has a market cap of $105.5 billion and P/E ratio of 41.3.



Disclosure: I am long VOD.