freeport-Copper-and-Gold

David Tepper Buys FCX, INGR, and CYH

David Tepper
Number of Stocks: 50
Total Value: $7.1 Billion
View David Tepper Holdings


David Tepper Buys FCX, INGR, and CYH.


Freeport-McMoRan Copper & Gold (FCX) explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. The forward P/E is 11.11 so its a pretty good bet David Tepper sees this as a value play even though its been in an uptrend channel since July 2013. David Tepper bought an estimated $53.6 million.

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Ingredion Incorporated (INGR) products include maltodextrins, high fructose corn syrup, sweetener products comprising glucose syrups, high maltose syrups, caramel color, dextrose, polyols, and glucose and syrup solids; and starch-based products, which include food-grade and industrial starches. It also provides refined corn oil to packers of salad dressings, cooking oil, as well as to producers of margarine, mayonnaise, shortening, and other foods. The foward P/E on INGR is 12.17. The company has a lot of debt relative to cash with a Debt/Equity of more than 71. Buying companies that have huge debt or need to re-structure that debt is David Tepper’s niche. David Tepper bought $1.9 million of INGR.

david-tepper-buys-ingr

Community Health Systems (CYH) and general care hospitals offer a range of inpatient and outpatient medical and surgical services, emergency room, such as general acute care, internal medicine, general and specialty surgery, psychiatric, critical care, obstetrics, diagnostic, and rehabilitation services. The forward P/E is 10.71 and some community hospitals are in heavy debt with a Debt/Equity of more than 282. Once again, buying distressed companies is David Tepper’s specialty. David Tepper bought about $8.7 million worth of CYH.

david-tepper-buys-cyh

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David Tepper

Mr Tepper - mick blake: youtu.be/myvyGl6yo64 via @YouTube THANKS MR DAVID TEPPER XXX IRELAND!!!
Tracking David Tepper’s Appaloosa Management Portfolio – Q3 2014 Update ift.tt/1r4xhp4
MG Tracking David Tepper's Appaloosa Management Portfolio - Q3 2014 Update bit.ly/1qGwjF5
Tracking David Tepper's Appaloosa Management Portfolio - Q3 2014 Update seekingalpha.com/article/270185… $AAL $AAPL $ABBV $AIG $ASML $AXLL $BABA
I want to be on David Tepper's team. $EURUSD short FTW
RT @FritzValue: How David Tepper thinks about trading indices (source: old CNBC/Bloomberg interviews) pic.twitter.com/hBrpYOHfH8
Twitter Media
How David Tepper thinks about trading indices (source: old CNBC/Bloomberg interviews) pic.twitter.com/VmCutx5piW
Twitter Media
#Billionaire investor & brilliant #hedgefund mgr David Tepper recently bought 4 new #bluechips. Details here: newsmax.com/finance/tepper…
#InvestingIdeas@ReformedBroker: David Tepper's Current Stock Portfolio stks.co/q120p $GM $GOOGL $C $FB $BABA $F $KBR $TEX”
NXP Semiconductors NV (NXPI), Lorillard Inc. (LO), Alibaba Group Holding Ltd (BABA): David Tepper’s New ... s.einnews.com/94uDn8aHQo

What is David Tepper buying?

To find out what David Tepper is buying go to David Tepper holdings.

What is David Tepper worth?

David Tepper’s net worth is $7.9 billion.

Who is David Tepper?

David Tepper is a hedge fund manager and the founder of Appaloosa Management. He specializes with investing in distressed companies.


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