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.

david-tepper-buys-fcx-chart


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

Is it just me or does Torico on VIC look a bit like David Tepper? Argentina in 02, Delphi, GM, Irish banks... Impressive either way
David Tepper is the fearless first mover. Follow him to the good grass, quickly, or get eaten. businessinsider.com/david-tepper-r…
david tepper takes short position against the #euro #news cur.lv/eocqo #business #market
Hedge Fund News: David Tepper, Kyle Bass & Viking Global - Insider Monkey po.st/zRIamE via @po_st
David Tepper takes short position against the euro cnbc.com/id/102107880
DAVID TEPPER: Short The Euro forex-tsd.com/articles/12484…–-jp-morgan.html#post710431
@Dhankyspanky David Tepper tore down his house in the Hampton's just to build a bigger house so

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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