Billionaire investor Cooperman says FANG stock valuations are 'reasonable' except for Amazon
Publishing timestamp: 2018-05-22 16:18:41
Summary
Leon Cooperman of Omega Advisors believes Facebook shares are attractively valued, with a fortress balance sheet and reasonable valuations relative to growth rates. He is concerned about government intervention but remains bullish on the stock. Omega Advisors has approximately $3.4 billion in assets under management.
Sentiment: POSITIVE
Tickers: AMCX,
Keywords: hedge funds, technology, amc networks inc, leon cooperman, business news,