Jim Cramer is an American television personality, a former hedge fund manager, and a best-selling author. He is the host of CNBC’s Mad Money and a co-founder and chairman of TheStreet.com, Inc. Nearly two hundred fifty thousand people watch his show daily on TV and most of these are ordinary investors trying to understand what’s going on in the market. Jim Cramer’s bullish and bearish stock picks on his show are a starting point for many investments made by these folks. Leon Cooperman is the billionaire Chairman and CEO of Omega Advisors. Omega manages approximately $5.4 billion assets and devotes significant resources to researching stocks.
Both Jim Cramer and Cooperman are among the smartest investors in the world. And we believe that by imitating their stock picks, investors are more likely to beat the market in the long term. Below we compiled a list of stocks both Cramer and Griffin are bullish about. All stocks are recommended by Cramer over the past 30 days and in Cooperman’s portfolio at the end of June.
Linn Energy (LINE): Linn Energy is an independent oil and natural gas company. It has a market cap of $6.4B and returned 1.85% since the beginning of this year. Cooperman had $159 million of the stock at the end of June.
KKR Financial Holdings (KFN): KKR Financial Holdings LLC is a specialty finance company. It has a market cap of $1.38B, a P/E ratio of 3.69 and lost 12.03% since the beginning of this year. Cooperman had $151 million of the stock at the end of June. Bill Miller also had $55 million invested in KFN.
General Motors Co (GM): GM is a global automotive company. It has a market cap of $35.1B, a P/E ratio of 4.88 and lost 38.96% since the beginning of this year. Cooperman increased his position in the stock by 22% to $118 million over the second quarter. Both Jeffrey Tannenbaum and Frank Brosens invested over $200 million in GM shares.
SPDR Gold Trust (GLD): SPDR Gold Trust is an investment trust. It has a market cap of $65.8B and returned 16.85% since the beginning of this year. Cooperman had $91 million of the stock at the end of June. John Paulson had $4.6 billion invested in GLD (see John Paulson’s top stock picks). Jean-Marie Eveillard had over $400 million invested in GLD.
Cablevision Systems Corp (CVC): Cablevision Systems Corporation is a cable operator in the United States. It has a market cap of $4.9B, a P/E ratio of 13.98, and lost 26.21% since the beginning of this year. Cooperman increased his position in the stock by 2% to $79.5 million over the second quarter. Christian Leone and Chase Coleman both had about $150 million of CVC stocks.
JPMorgan Chase & Co (JPM): JPMorgan Chase is a financial holding company. It has a market cap of $126B, a P/E ratio of 6.9, and lost 22.21% since the beginning of this year. Cooperman increased his position in the stock by 9% to $77.1 million over the second quarter. Jonathon Jacobson and Lee Ainslie both invested more than $400 million in JPM shares. Bill Miller also had $169 million of JPM stocks (see Bill Miller’s top stock picks).
Transocean Ltd (RIG): Transocean is an international provider of offshore contract drilling services for oil and gas wells. It has a market cap of $15.7B and lost 27.59% since the beginning of this year. Cooperman increased his position in the stock by 44% to $72.2 million over the second quarter. John Paulson holds the largest position in RIG.
Jabil Circuit Inc (JBL): Jabil is a provider of worldwide electronic manufacturing services and solutions. It has a market cap of $4.3B, a P/E ratio of 11.46, and lost 0.15% since the beginning of this year. Cooperman increased his position in the stock by 8% to $60.3 million over the second quarter. Rob Citrone invested nearly $200 million in JBL shares. Ken Griffin and Ray Dailo were also main investors in JBL stocks and they both increased their JBL positions by over 100% during the second quarter (check out Ray Dailo’s top stock picks).
KKR & Co LP (KKR): KKR is a leading global investment firm with deep roots in private equity. It has a market cap of $2.4B, a P/E ratio of 6.27, and lost 15.97% since the beginning of this year. Cooperman had $54.2 million of the stock at the end of June. Yale M. Fergang and Robert W. Medway also invested about $50 million in KKR stocks.
International Business Machs (IBM): IBM is an information technology company. It has a market cap of $221B, a P/E ratio of 15.07, and gained 27.67% since the beginning of this year. Cooperman had $45.1 million of the stock at the end of June. Paul Ruddock and Steve Heinz’s Lansdowne hold the largest position in IBM. Ken Fisher also had over $300 million IBM stock (see Ken Fisher’s top stock picks).
