Chesapeake Energy Corporation (CHK), Canadian Natural Resource Ltd (USA) (CNQ) & 3 Stocks Fairholme’s Bruce Berkowitz Was Buying Last Quarter

Although it’s hard to estimate a specific post-breakup value here, Wall Street believes that Genworth shares have further upside despite their superb appreciation of late, as average price targets rest around the $11.20 mark; shares currently trade near $10.35. Moving forward, we’ll be watching for more gains once an exact timeframe is set on the Australian IPO, but it’s clear that Berkowitz is here for the breakup potential.

Final thoughts

Fairholme is a large and influential investor, with a bias towards value-oriented plays. All of these stocks may be worth adding to your watchlist if Berkowitz’s investment style matches your own. (Continue preparing for 13F-filing season here).

Disclosure: none