Below are Billionaire Lee Cooperman’s Top 5 Stock Picks. For a comprehensive list and our analysis of Lee Cooperman’s investment strategy, please see Billionaire Lee Cooperman’s Top 10 Stock Picks.
5. Trinity Industries, Inc. (NYSE:TRN)
Trinity Industries, Inc. manufactures transportation, construction, and industrial products. Cooperman’s hedge fund owns over 3 million shares of the company, worth $79.7 million. One of the top hedge funds having stakes in the company is Jeffrey Ubben’s ValueAct Capital which had $712 million invested in the stock at the end of December. A total of 22 hedge funds tracked by Insider Monkey held stakes in TRN at the end of December.
Shares of Trinity rallied almost 49% over the last twelve months. In addition, the company also offers a hefty dividend yield of 2.65%. Despite the challenges brought about by the COVID-19 pandemic to the economy, TRN reported a total company revenue of $459 million during the third quarter of 2020.