SandRidge Energy Inc. (SD), QUALCOMM, Inc. (QCOM), Express Scripts Holding Company (ESRX): Billionaire Leon Cooperman on an Alpha Spree

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Some of the most notable news for the company includes it renegotiation with Walgreen Company (NYSE:WAG), where it started filling prescriptions for Walgreen Company (NYSE:WAG) customers last September. Express Scripts Holding Company (NASDAQ:ESRX) now expects to generate between $4.23 and $4.33 in EPS for 2013 thanks to the Walgreen deal and contributions from Medco. Thus, despite trading at nearly 40 times trailing earnings, the company only trades at 14.5 forward earnings.

Bottom line

In his closing remarks, Cooperman noted that “goal number one is not to lose money, goal number two is beat the S&P 500 net of fees.” With the three stocks listed above, I believe Cooperman, and investors alike, can accomplish this goal.

SandRidge is probably the riskiest of his three stock picks, with the company trading near $5 and relying heavily on the Mississippi Lime shale. Meanwhile, Qualcomm has a solid balance sheet with strong industry tailwinds related to rising wireless demand and opportunities to tap other electronic markets. Express also appears to be a solid investment thanks to its market-leading position and opportunity to capitalize on the growing generic-drug market.

Marshall Hargrave has a position in Sandridge Energy. The Motley Fool recommends Express Scripts. The Motley Fool owns shares of Express Scripts and Qualcomm.

The article Billionaire Leon Cooperman on an Alpha Spree originally appeared on Fool.com and is written by Marshall Hargrave.

Marshall is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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