General Motors, HCA Holdings, Whirlpool Corporation: Billionaire David Tepper’s Long-Term Picks

Clearly David Tepper knew what he was doing when he chose to invest in HCA Holdings Inc (NYSE:HCA), as the stock has not only delivered great returns in the past, but is expected to continue generating profits. While the stock is currently trading at around $72.02 per share, the average price target set forth by analysts is $85.10. Furthermore, HCA Holdings is one of the most popular healthcare stocks among billionaires, with a total of 15 major hedge funds holding a stake in the company as of the end of 2014. Stephen Mandel’s Lone Pine Capital initiated a stake with 5.84 million shares as of the end of 2014.

Finally, Whirlpool Corporation (NYSE:WHR) ranks as David Tepper’s third top pick among his long-term investments, with a position of 1.69 million shares. The fund’s stake was valued at $329.08 million by the end of the fourth quarter and accounted for 8.12% of Appaloosa Management’s equity portfolio. Whirlpool’s share price climbed by 23.43% last year, and while it is currently trading at $197.93 per share, analysts at JP Morgan recently raised the price target from $210.00 per share. Although it had a moderate start in 2014, the company beat earnings expectations for the fourth quarter by 10.3%, posting $3.52 in earnings per share. Furthermore, the consensus earnings growth for Whirlpool Corporation (NYSE:WHR) is set to be 27.4% in 2015 and 18% for 2016. Hence, David Tepper could be on to something by holding this stock as one of his top picks over the long-term, although only four other billionaire hedge fund managers agree with his assessment. Ken Griffin’s Citadel Investment Group holds a stake of 1.62 million shares, according to its last 13F filing.

Disclosure: none.