360° Coverage : Four Beaten-Down Stocks Billionaires Are Buying

2 Updates

Four Beaten-Down Stocks Billionaires Are Buying

Jan 24 2014, 10:26am CST | by

At billionairesportfolio.com our specialty is finding deep value stocks that have a catalyst at work. One of our favorite “deep value screens” not only identifies cheap stocks, but also situations...

Filed under: news

 
 
 

35 weeks ago

Four Beaten-Down Stocks Billionaires Are Buying

Jan 24 2014, 10:26am CST | by

At billionairesportfolio.com our specialty is finding deep value stocks that have a catalyst at work.

One of our favorite “deep value screens” not only identifies cheap stocks, but also situations where a rich, influential investor has taken a significant stake. As a shareholder, the presence of this type of investor can mean you have a partner on your side, working everyday to push management to unlock value in the company.

Selecting deep value stocks, with the presence of an influential investor that is hell-bent on unlocking value, is a very powerful formula. It’s especially powerful when we find situations where the big investor is down on his investment. That tends to raise their sense of urgency and their aggressiveness with management.

Here are four stocks that currently meet these criteria:

1) J. C. Penney Company, Inc. (JCP) – Billionaire David Tepper owns JCPenney at much higher price than where JCP currently trades today. According to my estimate the average price Tepper paid for JC Penney is around $10 a share. If you bought JC Penney today you are getting a 34% discount to what billionaire David Tepper paid for his shares.

1) Transocean (RIG) – Billionaire Carl Icahn owns almost 6% of this oil and gas exploration company. Icahn’s average cost is $50. The stock currently sells for $47. This means you are getting a 6% discount to what Icahn paid for this stock. To even sweeten the deal, RIG currently pays a 5% dividend.

3) Sony Corp (SNE) –The average price Billionaire Dan Loeb paid for Sony is more than $18 a share. If you bought Sony today you are getting a 5% discount to what Loeb paid for his shares. Moreover, Sony is selling at distressed valuation levels. It has a price-to-sales of 0.19 and price-to-book of 0.61.

4) Hologic, Inc. (HOLX) – Two top Billionaire Activists own more than 10% of this healthcare stock. The two Billionaires, Carl Icahn and Ralph Whitman of Relational Investors paid an average cost of $23.10 for Hologic. That means if you buy Hologic today you are buying it at 6% discount to what these top Billionaire Investors paid for their shares.

To piggyback our actively managed portfolio of deep value stocks that are owned by the world’s best billionaire investors, follow us at www.billionairesportfolio.com

Source: Forbes Business

 
Update
2

4 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewC ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

4 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

US, India to collaborate on Mars, Earth missions
Washington, Oct 1 (IANS) US and India have agreed to enhance cooperation in Mars exploration and establish a pathway for future joint missions to explore the red planet besides launching a NASA-ISRO satellite mission to observe Earth.
 
 
Russell Crowe drives his real-life gladiators to brink of glory
Canberra, Oct 1 (IANS) Russell Crowe is one of Hollywood's biggest stars but his role this weekend as owner of Australian rugby league team South Sydney might be the most nerve-wracking of his career.
 
 
42 confirmed, suspected Ebola deaths in Congo
Kinshasa, Oct 1 (IANS) A total 42 people have died in confirmed or suspected Ebola infection cases in Democratic Republic of Congo (DRC), Minister of Public Health Felix Kabange said Wednesday.
 
 
Australia to readjust budget to counter terrorism
Sydney, Oct 1 (IANS/EFE) The Australian government confirmed Wednesday that there will be budget cuts to finance new anti-terrorism measures.
 
 
 

Latest from the Network

Taylor Swift not thinking about dating
Taylor Swift insists dating is the ''last thing'' on her mind. The 24-year-old singer - who has previously been in relationships with Harry Styles, Joe Jonas, John Mayer and Jake Gyllenhaal - admits she isn't looking...
Read more on Celebrity Balla
 
Victoria Beckham saves dress for daughter
Victoria Beckham has saved the dress she wore on her first date with husband David to hand down to their daughter. The former Spice Girls singer - who has Brooklyn, 15, Romeo, 12, Cruz, nine, and Harper, three, with the...
Read more on Celebrity Balla
 
Lindsay Lohan wants kids
Lindsay Lohan is ready to have children. The 28-year-old actress - who is currently starring in 'Speed-the-Plow' on London's West End - has a few professional goals she wants to achieve but is also keen to settle down...
Read more on Celebrity Balla
 
Snooki: Labour was agony
Nicole 'Snooki' Polizzi claims she was ''literally dying'' in labour. The former 'Jersey Shore' star and fiance Jionni LaValle welcomed second child Giovanna into the world last week and was relieved to arrive at...
Read more on Celebrity Balla
 
Isla Fisher is pregnant
Isla Fisher is reportedly pregnant. The 'Confessions of a Shopaholic' star and husband Sacha Baron Cohen are said to be expecting their third child together and the actress is already through her first trimester. A...
Read more on Celebrity Balla
 
Australian PM labels burqa 'confronting form of attire'
Canberra, Oct 1 (IANS) Australia's parliament approved tough new counter-terrorism laws Wednesday but cross-party support for the measures was accompanied a spat over the wearing of burqas. The opposition Labour...
Read more on Politics Balla
 
Ashwini fails to defend women's 440m hurdles title
Incheon, Oct 1 (IANS) India's Ashwini Akkunji failed to defend her women's 400 metres hurdles title as she finished fourth and out of medal contention in the final of the Asian Games here Wednesday. Ashwini, who had...
Read more on Sport Balla
 
Over 1,100 killed in Iraq violence in September
Baghdad, Oct 1 (IANS) A total of 1,119 Iraqis were killed and 1,946 injured in terror attacks and violence in September in Iraq, the UN Assistance Mission for Iraq (UNAMI) said Wednesday. It said 854 civilians and 265...
Read more on Politics Balla
 
Annu Rani wins women's javelin bronze
Incheon, Oct 1 (IANS) India's Annu Rani clinched the women's javelin throw bronze at the Asian Games here Wednesday. The gold and silver went to China's Zhang Li and Li Lingwei, respectively, at the Incheon Asiad Main...
Read more on Sport Balla
 
Pick the perfect coat for autumn-winter 2014
London, Oct 1 (IANS) Cold weather is descending upon us and it's time to pick the best piece from various options available in the market. From military inspired styles to aviator ones, one can try many trends, but the...
Read more on Celebrity Balla