7. El Paso
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. Follow @stockpickr
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts