This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Stocks Purchased by Billionaire Tepper Include Oracle, Apple

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Apple (AAPL - Get Report)

Company Profile: Apple is the maker of hot consumer electronic devices like the iPad, iPhone and Mac line of computers.

Tepper's Investment: Appaloosa added to its Apple stake in the fourth quarter, buying up more than 143,000 shares. The position held a market value of $73.6 million as of Dec. 31. Overall, the position represents 9.6% of Tepper's disclosed portfolio, making it his third largest holding.

Share Price Performance: Apple shares have gone parabolic, recently passing the psychologically important $500 share price level. After rallying more than 24% in 2011, Apple shares are up another 25% in 2012.






Delphi Automotive (DLPH - Get Report)

Company Profile: Delphi is the world's largest supplier of auto parts. After a Chapter 11 bankruptcy filing, Delphi went public again in November.

Tepper's Investment: Appaloosa initiated a new position in Delphi during the quarter, buying 229,000 shares. The stake carried a market value of $4.9 million as of Dec. 31. Overall, the position represents less than 1% of Tepper's disclosed portfolio.

Share Price Performance: Since the IPO, Delphi shares are up 36%, likely making the pick a winner for Tepper. The stock is up 35% since Dec. 31.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $127.60 2.28%
BSX $18.19 -1.14%
C $53.20 0.24%
DLPH $83.33 0.07%
ORCL $43.32 0.74%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs