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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

8 Stocks Billionaire John Paulson Loves

7. El Paso

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

Get Adobe Flash player

Paulson initiated a new 4 million-share stake in El Paso (EP) in the fourth quarter that comprises 0.8% of the Paulson & Co. portfolio.

El Paso shows up in various Stockpickr pro portfolios, including Carl Icahn's, as the second-largest holding of Icahn Associates, with 72.3 million shares. In addition, Steve Mandel's Lone Pine Capital initiated a 6.6 million-share position, and Daniel Loeb's Third Point holds 5.6 million shares as of the most recently reported quarter.

El Paso was included on a list of Energy Stocks Bought and Sold by Hedge Funds.

Stock Overview: El Paso operates in the natural gas transmission and exploration and production sectors of the energy industry. It has a market cap of about $22 billion. The stock, which yields 0.1% and has a short interest ratio of 0.9, closed up 32 cents, or 1.1%, at $28.74 on Thursday after hitting a new 52-week high of $28.80 earlier in the day.

Analyst Ratings: Of eight analysts covering the stock, three rate it a buy, and five rate it a hold.TheStreet Ratings has a B- buy rating on El Paso with a $36.88 price target.

More on El Paso: El Paso was one of the 10 Best-Performing S&P 500 Stocks of 2011.

Stock quotes in this article: GOLD, EP, MHS, GR, NG, AMCX, MMI, DLPH 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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.
DOW 16,391.04 -33.81 -0.21%
S&P 500 1,859.10 -3.21 -0.17%
NASDAQ 4,071.5670 -14.6580 -0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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