- Some investors may be curious to consider battered energy stocks to play a possible recovery; taking the notion that rich folks may know something about where to invest that the rest of us don't, Forbes suggests five energy stocks with large stakes held by billionaire investors and, for good measure, sport current analyst price targets well above where they are currently trading.
- George Soros owns 8% of Penn Virginia (PVA); the analyst consensus price target is $16, and shares are currently trading below $5.
- Leon Cooperman owns 9% of SandRidge Energy (NYSE:SD); the analyst consensus target is $5.08, which would be more than double today's price.
- John Paulson owns 9.7% of Oasis Petroleum (NYSE:OAS) and 9.9% of Cobalt Energy (NYSE:CIE); the stocks' respective consensus price target is $44 and $21, both more than twice their current prices.
- Carl Icahn owns nearly 6% of Talisman Energy (NYSE:TLM); the analyst consensus of $9.36 would be more than double current levels.