Most investors are familiar with top traders and investors Warren Buffett, George Soros and Carl Icahn. Stockpickr thought it would be a good idea to put their heads together to see what the best high-yield stocks are, based on the aggregated portfolio of their investments.
At the top of the list is a Warren Buffett pick,
Bank of America
, which has a yield of 5.1%. BofA has a price-to-earnings ratio of 10 and a P/E-to-growth ratio of 1.4.
Bank of America is owned by another noted trader,
, who runs a New York-based $4.5 billion hedge fund, Omega Advisors. Cooperman, who was a former general partner of Goldman Sachs, also owns
, which has a yield of 2.1%, and
, which yields 1.3%.
The highest-yielding stock for George Soros is
. This forest products company pays out 3.4% and just received a favorable ruling in the Paragon case involving adequate disclosure of its diaper business. The stock has a P/E of 11 and a PEG of 6.7.
Additionally, Weyerhaeuser is included in the portfolio of the
fund, a Morningstar five-star-rated open-end fund that has had an average annual return of 18% for the last three years. Tocqueville also owns
, which generates a yield of 1.1%, and
, which pays a yield of 0.9%.
The top high-yield stock in Carl Icahn's portfolio is
. This packaging, office products and specialty chemicals company pays a yield of 3.1%, with a P/E of 48 and a PEG of 2.3.
MeadWestvaco is owned by the
fund, delivering an average annual return of 13% over the last five years. Some of the portfolio's other holdings include
, with a 1.1% yield, and
, with a 2.6% yield.
The entire list of the
can be found at Stockpickr. The Four Horsemen traders portfolios are available at
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for
The Financial Times
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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