This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

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

Financial Select Sector SPDR (XLF)

Company Profile: The ETF corresponds to the Financial Select Sector Index, which has exposure to banks, insurance companies, REITs, thrifts and other financial companies.

Tepper's Investment: Although he sold out of his big bank positions, it seems as though Tepper can't completely quit financial stocks. Appaloosa bought 2.1 million shares of the ETF in the fourth quarter, a stake that carried a market value of nearly $28 million as of Dec. 31. Overall, the position represents 3.6% of Tepper's disclosed portfolio.

Share Price Performance: The ETF was crushed in 2011 as most bank stocks were hit hard, falling more than 18%. However, the ETF has climbed 12% already in 2012 as several financial stocks have recovered. The ETF is Tepper's seventh largest position among his disclosed holdings as of Dec. 31.






Oracle (ORCL - Get Report)

Company Profile: Oracle is the third-largest software company in the world, developing database management tools for clients.

Tepper's Investment: Appaloosa bought 1.2 million shares of Oracle in the fourth quarter, a stake that carried a market value of $31.2 million as of Dec. 31. Overall, the position represents 4% of Tepper's disclosed portfolio, making it his sixth largest position.

Share Price Performance: Oracle shares sank more than 18% last year, but the stock has rallied more than 10% since Dec. 31.

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

Get Adobe Flash player

3 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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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 $123.25 -0.80%
BSX $17.82 2.20%
C $50.99 -0.39%
DLPH $77.48 0.77%
ORCL $42.63 -0.84%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs