5 Best Stocks to Buy According to Billionaire Carl Icahn

1. Icahn Enterprises LP (NASDAQ:IEP)

Icahn Capital’s Stake Value: $13,348,465,000

Percentage of Icahn Capital’s 13F Portfolio: 61.04%

Number of Hedge Fund Holders: 4

Icahn Enterprises LP (NASDAQ:IEP) is an industrial conglomerate that has operations in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. As of March 31, Icahn Capital owns more than 257.04 million shares of the company which amounts to a stake value of $13.34 billion. The investment covers 61.04% of Carl Icahn’s 13F portfolio.

On May 6, Icahn Enterprises LP (NASDAQ:IEP) reported earnings for the fiscal first quarter of 2022 in which it beat both EPS and revenue expectations. The company registered an EPS of $1.06, beating Wall Street estimates by $0.93. Icahn Enterprises LP (NASDAQ:IEP) generated quarterly revenues of $4.08 billion, up 20.69% year over year, beating revenue consensus by $1.81 billion.

By the end of the first quarter of 2022, 4 hedge funds were long Icahn Enterprises LP (NASDAQ:IEP) with stakes of $13.37 billion. This is compared to 3 positions in the previous quarter with stakes of $12.78 billion. The hedge fund sentiment for Icahn Enterprises LP (NASDAQ:IEP) is positive.

You can also take a look at 10 Best Stocks to Buy Under $30 According to Bruce Kovner’s Caxton Associates and 10 Best Stocks To Buy Under $10 According To Hedge Funds.

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