freeport-Copper-and-Gold

David Tepper Buys FCX, INGR, and CYH

David Tepper
Number of Stocks: 58
Total Value: $9 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

Watch David Tepper - Highest Paid Fund Manager in the World worldstoplist.com/2014/02/26/dav…

@DavidBeckworth Message of QE is take risk, you can't lose. We have David Tepper in our film spelling it out. Fed sent same msg in 2002-5

@CreateCapital Probably not worth the hassle of owning something like that, unless your name happens to be David Tepper. :)

$ASML: Tracking David Tepper's Appaloosa Management Portfolio - Q1 2014 Update top10stocks2buy.com/i.php?http://s… pic.twitter.com/BcVT1ix00Z

David Tepper said don't be so freakin long. Carl Icahn warned about valuations. Janet Yellen cautioned. Investors ignoring all! $SPY $QQQ

Finally, A Hedge Fund Manager Who Bought More Apple - Bloomberg TV screengrabHedge fund manager David Tepper, the... j.mp/YhGuMN

@DougKass thought "big" was someone like David tepper, not, the guy who invented a phone jack

@TMFHousel david tepper! but yeah, lots of annoying whinging.

David Tepper “I am the animal at the head of the pack. . . . I either get eaten

Watch David Tepper - Highest Paid Fund Manager in the World worldstoplist.com/2014/02/26/dav…


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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