5 Best Finance Stocks to Buy According to Billionaire Leon Cooperman

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1. Mr. Cooper Group Inc. (NASDAQ:COOP)

Omega Advisors’ Stake Value: $140 million

Percentage of Omega Advisors’ 13F Portfolio: 7.89%

Number of Hedge Fund Holders: 28

Mr. Cooper Group Inc. (NASDAQ:COOP) is the largest finance stock holding of billionaire Leon Cooperman’s portfolio. Its stock price is up 30% since the beginning of this year. The company is engaged in providing servicing, origination, and transaction-based services to single-family residences. The company’s recent strategic actions including the sale of Reverse and Title365 have helped in enhancing investors’ sentiments.

Out of 873 hedge funds tracked by Insider Monkey, Mr. Cooper Group Inc. (NASDAQ:COOP) was in 28 hedge funds’ portfolios at the end of the second quarter of 2021 compared to 24 positions in the previous quarter. Besides Omega Advisors, HG Vora Capital Management and Diamond Hill Capital were the leading stakeholders in the company. 

You can also take a peek at the 10 Stocks to Buy and Hold According to Bill Gates and 16 Best Luxury Resorts in Caribbean in 2021.

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