5 Cheap Stocks Billionaire Leon Cooperman Is Buying

4. First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD

Forward P/E: 8.32

First Eagle operates lending and credit investment business, with $21 billion of assets under management and advisement, as of September 30, 2020. As of the end of the third quarter, 6 hedge funds tracked by Insider Monkey held stakes in First Eagle. The total worth of these positions is $9.3 million.

The stock was a new arrival in Omega Advisors portfolio, as the fund bought 2.86 million shares of the company, worth $7.1 million.