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

 
 
 

34 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

3 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 (NewCo) and sl ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

3 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 MH370 and MH17" h ...
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

Thousands of South Sudanese kids face starvation: Unicef
United Nations, Sep 23 (IANS) Thousands of children, up to five years age, are at a risk of dying from malnutrition in South Sudan, the Unicef has warned.
 
 
'Ebola could hit up to 1.4 mn West Africans'
Washington, Sep 23 (IANS) The number of Ebola cases in West Africa could reach as many as 550,000 to 1.4 million by Jan 20 in the worst-case scenario, the US Centers for Disease Control and Prevention ( CDC) warned in a report Tuesday.
 
 
London turns world's most expensive city
London, Sep 23 (IANS) London has overtaken Hong Kong as the world's most expensive city to live and work in, as a new study has suggested it has turned nearly twice as pricey as Sydney and four times more expensive than Rio de Janeiro. India's Mumbai was found to be at the bottom of the 12 most expensive cities report.
 
 
Woolly mammoth skeleton to be auctioned in Britain
London, Sep 23 (IANS) A woolly mammoth skeleton, having remained a part of a private collection for years in Europe, is all set to be auctioned in Britain.
 
 
 

Latest from the Network

'Ebola could hit up to 1.4 mn West Africans'
Washington, Sep 23 (IANS) The number of Ebola cases in West Africa could reach as many as 550,000 to 1.4 million by Jan 20 in the worst-case scenario, the US Centers for Disease Control and Prevention ( CDC) warned in...
Read more on Business Balla
 
Asian Games: India notch up five medals, gold remains elusive (Roundup)
Incheon, Sep 23 (IANS) Squash player Saurav Ghosal won a historic silver as India notched up five medals but the gold remained elusive for the third consecutive day in the 17th Asian Games here Tuesday. It was also an...
Read more on Sport Balla
 
Packed itinerary of Modi
Washington/New Delhi, Sep 23 (IANS) Prime Minister Narendra Modi has a packed schedule during his Sep 26-30 visit to the US. Modi's itinerary: Sep 26: Arrives in New York, stays at New York Palace Hotel; Mayor Bill de...
Read more on Politics Balla
 
58 killed in US-led airstrikes in Syria (Intro Roundup)
Washington/Beirut/Damascus, Sep 23 (IANS) At least 58 people were killed Tuesday, including 50 jihadis, as the US-led alliance launched airstrikes on Islamic extremists in Syria as US President Barack Obama called for...
Read more on Politics Balla
 
Asian Games: Gymnast Dipa finishes 10th, Ashish 12th
Incheon, Sep 23 (IANS) India's Dipa Karmakar finished 10th while her compatriot Ashish Kumar was 12th in the individual all-round final of artistic gymnastics in the Asian Games here Tuesday. Dipa, who won a bronze...
Read more on Sport Balla
 
London turns world's most expensive city
London, Sep 23 (IANS) London has overtaken Hong Kong as the world's most expensive city to live and work in, as a new study has suggested it has turned nearly twice as pricey as Sydney and four times more expensive...
Read more on Celebrity Balla
 
UN Climate Summit opens with call for action
United Nations, Sep 23 (IANS) The UN Climate Summit opened here Tuesday with an appeal from UN Secretary General Ban Ki-moon for global action to address climate change. "Climate change threatens hard-won peace,...
Read more on Politics Balla
 
Asian Games medals tally
Incheon, Sep 23 (IANS) China leads the 17th Asian Games medals tally with a total of 82 medals, including 40 golds, at the conclusion of Tuesday's competitions. Hosts South Korea are second with a total of 59 medals...
Read more on Sport Balla
 
Sadie Frost's 'incredibly stressful' divorce
Sadie Frost's divorce from Jude Law was ''incredibly stressful and destructive''. The 49-year-old star, who split from the Hollywood actor after six years of marriage in 2003, likens divorce to a ''mini-personal war''...
Read more on Celebrity Balla
 
Kelis doesn't like milkshakes
Kelis hates milkshakes. The 35-year-old singer, who had a hit with her 2003 song 'Milkshake' - which she previously revealed is a metaphor for ''something that makes women special'' - has admitted she isn't actually a...
Read more on Celebrity Balla