5 Stock Ideas From Ira Sohn Conference

NEW YORK ( TheStreet) -- The Ira Sohn Conference was chock-full of investment ideas from hedge fund luminaries such as Bill Ackman, Stan Druckenmiller, Jeffrey Gundlach, David Einhorn and others.

Pershing Square's Ackman, in the news because of his battle with Herbalife ( HLF), recommended Procter & Gamble ( PG), saying he thinks it could go to $125 a share in a few years.

Jeffrey Gundlach, known for his prescient call to short Apple ( AAPL) from last year, took a shot at another highflier, Chipotle Mexican Grill ( CMG).

DoubleLine Capital's Gundlach said that Chipotle is a good short, as he hates the chart but loves the product. Gundlach, who made several jokes during the presentation to the crowd's delight, also said to avoid insurance companies because of quantitative easing.

Gundlach also had other short ideas, including French bonds, saying "the French are a basket case" avoiding bank deposits, and gold.

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