Carl Icahn Stocks Picks 2016 – Icahn’s Investments
Carl Icahn Stocks – Carl Icahn runs an investment fund called Icahn Enterprises, L.P. (IEP) where he makes investments in stocks each year. Carl Icahn is well known because of his stocks picks and the fact that he picks good stocks to buy. There are a lot of stocks Carl Icahn is known for but several years ago he bought Netflix (NFLX) below $15. Netflix (NFLX) is now over $130 but Icahn sold last year. Carl Icahn is probably the greatest investor aside from Warren Buffet. When Carl Icahn makes a stock pick announcement, the stock he bought pops almost instantly. Below are some of Carl Icahn’s Stocks Picks and Stocks to Buy in 2016. Also, check out Jim Cramer Stocks.
See Also – Top Penny Stocks 2016 – Top Stocks 2016
Apple (AAPL) – Carl Icahn’s Top Stock right now is Apple (AAPL). Icahn calls AAPL his biggest no brainer stock in 2016 and beyond. Shares of Apple (AAPL) were trading around $65 when Icahn made the buy announcement on Twitter and now the stock is trading near $120. Carl Icahn continues to to think Apple is undervalued and plans to hold for awhile. I say, buy AAPL below $110.
Freeport-McMoRan (FCX) – Carl Icahn owns almost 9% of Freeport-McMoRan (FCX). Icahn made the purchase last year in the middle of declining commodities prices. FCX shares have been down since Carl Icahn bought but who knows what 2016 has in store. Gold, Silver, Natural Gas, and Oil were all down big last year.
Paypal (PYPL) – eBay spun off Paypal (PYPL) and while Carl Icahn sold all shares of EBAY, he kept his stake in PYPL. Paypal has been flat lately but look for a rally above $40 in 2016.
Voltari (VLTC) – Carl Icahn continues to hold VLTC. Carl Icahn now owns 52.3% of the company and they recently swiched from a mobile ad company to a real estate company.
Herbalife (HLF) – Another one of Carl Icahn’s Best Stock Picks, Herbalife (HLF). Bill Ackman of Pershing Square Capital Management shorted Herbalife (HLF) last year and called it a fraud. HLF tanked all the way down into the $20’s in early 2015 but has since doubled. Icahn continues to think Herbalife is not a scam and is a solid investment. HLF stock is now trading in the high $50’s and is nearing a 52 week high.
Other Carl Icahn Stock Picks for 2016 – NUAN HTZ HOLX NAV RAIL TPCA FRX CVR FDO