Carl Icahn Stock Portfolio: Top 10 Stock Picks

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1. Icahn Enterprises LP (NASDAQ:IEP)

Carl Icahn’s Q4 2024 Stake: $3.9 billion

Icahn Enterprises LP (NASDAQ:IEP) is Carl Icahn’s largest holding and investing company. It engages in a variety of industries, including investing, energy, automotive, real estate, and medicines, among others.

Notably, the company pays a dividend of $0.50 per share while delivering a 19.94% yield, one of the highest in the market, and one of the reasons why the company continues to draw income-focused investors. On the opposite end, it is also one of the reasons why the company’s detractors criticize Carl Icahn.

Icahn Enterprises LP (NASDAQ:IEP) announced a smaller fourth-quarter net loss on February 26, meeting analyst estimates despite a minor sales dip. The diversified holding company had a net loss of $98 million, or $0.19 per depositary unit, in the fourth quarter of 2024. This is compared to a $139 million net loss, or $0.33 per unit, in the same period last year. Revenue also declined somewhat, to $2.6 billion from $2.7 billion the previous year. However, Icahn Enterprises’ adjusted EBITDA increased to $12 million from $9 million in Q4 2023.

While we acknowledge the potential of IEP, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IEP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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