Leon Cooperman: Why I Like Facebook [VIDEO]

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they’ve been able to get that ad revenue everybody wanted. we’re just not seeing it right now reflected in the price of the stock. we think that’s covered. you think you’re going to figure out that the mobility game — start monetizing more? i think the numbers are starting to ramp up.

Leon Cooperman’s Winning Apple Stock Play

After announcing that he had liquidated his shares of Apple, Leon Cooperman of Omega Advisors reveals how he got back in – and won.

What Stocks Leon Cooperman Just Bought

There is no shortage of cheap stocks, says Leon Cooperman of Omega Advisors, who shares two new positions.

Transcript:

when you have investments which, you know, 20 billion, 30 billion you guys have in the markets, if you all a sudden got a new chunk of money, fresh money, right now, today, where would you put it in? i know what you’ve already got on your sheets. what would you buy today with new money? i would add to what i already have that i thought wastill undervalued. and we find no shortage of cheap stocks. i guess — this is small caps, i want to point this out. one recent edition to that portfolio was monetize. which is highly unusual for us. it’s about as small as we go. this is the mobile wallet. they have an application to put on mobile phones to enable you to do your banking. you want to pay your mortgage, move money, pay your bills. they’ve been blessed byvisa. visa, outright ownership and options. ability to own about 20% of the company. strong balance sheet. 175 million cash. no debt. any have 20 million people today that pay them $5 a year for the software on their iphone or mobile phone. that’s $100 million revenues. we think they’ll have 100 million subscribers within four years. is this a new position for you — this is the first time you’re talking about this company monetize — well, j bought something called technique, engineering and construction firm. have a quasimonopoly position in the l & g or off to a platform business. we think over the next three or four years will go 20% a year. l & g will be a growth business. we have a lot of things we think are cheap. aig, net life, citicorp and the financials. i guess, you have to understand what i do to answer your question. we’re value investors. it is first place we start. what is the s&p? if you bought the s&p what would you get? an index of companies growing 5% of year that yields about 2%, sells a bit over two times book value, has 35% debt in

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