Leon Cooperman’s Must Know 2013 Stock Picks
Chairman and CEO of Omega Advisors, Leon Cooperman, recently spoke on CNBC this afternoon. Sectors he likes include: materials, energy and technology in the year ahead. Here are 4 stocks Leon Cooperman owns as 2013 unfolds:
1) Qualcomm (NASDAQ:QCOM): Shares are up almost 4% on the first trading day of the year. The company has beaten earnings 3 out of the past 4 quarters. The cash position is strong with $7.26 per share and nearly $0 debt. The forward P/E ratio stands at 13.44.
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