3 Best Energy Stocks to Buy Now According to Billionaire Leon Cooperman

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In this article, we will be taking a look at 3 energy stocks to buy now according to billionaire Leon Cooperman. To read our detailed analysis of Leon Cooperman’s hedge fund profile, investment strategy, and 13F holdings, you can go directly to see the 7 Best Energy Stocks to Buy Now According to Billionaire Leon Cooperman.

3. Trinity Industries, Inc. (NYSE:TRN)

Omega Advisors’ Stake Value: 58,890,000

Percentage of Omega Advisors’ 13F Portfolio: 2.9%

Number of Hedge Fund Holders: 16

Trinity Industries, Inc. (NYSE:TRN) is an industrials company providing rail and transportation products and services to industrial shipper and railroad companies in the energy industry, among others. The company also serves railroads, leasing companies, and industrial shippers of products in the energy, agriculture, and construction industries among others.

Allison Poliniak Cusic, an analyst at Wells Fargo, holds an Overweight rating on Trinity Industries, Inc. (NYSE:TRN) shares as of this July. She also raised her price target on the stock to $36.

This May, Trinity Industries, Inc. (NYSE:TRN) also announced its quarterly dividend of $0.2 per share. This marks 12 years of dividend growth for the company, making it a viable option for income investors looking to earn reliable passive income through dividends.

There were 16 hedge funds holding stakes in Trinity Industries, Inc. (NYSE:TRN) in the first quarter of 2022, with a total stake value of $134 million.

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