3. Weyerhaeuser (WY)
Company Profile: Weyerhaeuser is a timber-products company. It primarily grows and harvests trees, and then builds homes and manufactures other forest products.Paulson's Investment: Paulson & Co. purchased almost 32 million shares of Weyerhaeuser during the first quarter, a position worth about $780 million as of March 31. Shares of Weyerhaeuser are up more than 15% this year, as the timber company announced last year it would convert into a real estate investment trust, or REIT.
2. Lubrizol (LZ) Company Profile: Lubrizol is a specialty chemical company, producing additives, ingredients, resins and other compounds used in engine oils, specialty driveline lubricants, over-the-counter pharmaceutical products, performance coatings, medical products and compressor lubricants. Paulson's Investment: Paulson & Co. snatched up 6 million shares of Lubrizol during the first quarter, which carried a market value of $803 million as of March 31. Lubrizol's stock is up 25% this year, thanks to a takeover bid from Warren Buffett's Berkshire Hathaway (BRK.B). Investments in Lubrizol would eventually force David Sokol, one of Buffett's leading lieutenants at Berkshire, to resign. Since then, Buffett has been criticized for first defending Sokol's investments in Lubrizol before condemning them more than a month later during Berkshire's annual meeting of shareholders.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV