NEW YORK (TheStreet) -- In his first quarter letter to Greenlight Capital investors, David Einhorn writes that it has been "challenging" to find worthy companies for long-term investment. But over the years, he has found plenty of opportunities.
According to data gathered by iBillionaire, Einhorn has 41 holdings in his public equity portfolio as per his latest regulatory filing, corresponding to the end of the fourth quarter. His portfolio is heavily overweight technology, which comprises more than 55% of his holdings, followed by consumer discretionary (14%), industrials (10%) and financials (9%).
Here's a look at David Einhorn's 10 favorite stocks you may want to consider.
Micron Technology (MU)
Einhorn's top holding as of the end of the fourth quarter of 2014, semiconductor company Micron Technology has been a drag on the billionaire's portfolio in 2015. In his first quarter letter to investors, he revealed that Micron had been Greenlight's one significant loser during the first quarter, its shares declining 23%.
"Weak PC sales drove a shortfall in DRAM demand leading to lower prices and reduced earnings," Einhorn said in the investor letter. "Our thesis is that the consolidated DRAM industry will act more rationally in the face of slower demand, moderating future cyclical declines and leading to higher profitability through the cycle."
Despite a sluggish start to the year, things at Micron may already be starting to look up. It beat analysts' estimates for earnings in the fiscal second quarter, including 1.5% revenue growth year-over-year and earnings per share of $0.78, above the anticipated $0.73.