Billionaire Lee Cooperman’s Top 5 Stock Picks

2. Fiserv Inc (NASDAQ:FISV)

The financial services technology company Fiserv, Inc. ranks 2nd in our list of billionaire Lee Cooperman’s top 10 stock picks. Omega Advisors holds over 1 million shares of the company as of the end of the fourth quarter, accounting for 8.45% of the overall portfolio. One of the top hedge funds having stakes in the company is Gabriel Plotkin’s Melvin Capital Management which had $990 million invested in the stock at the end of December An insider recently purchased 9,100 shares at around $110 on February 16, 2020. The stock is up 2% since then. FISV was also mentioned as one of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.

Gabriel Plotkin Melvin Capital Management

FISV’s acquisition of First Data Corporation in 2019 boosted their overall performance for 2020. Ending the year 2020, FISV reported total revenue of $14.85 billion.

Fiserv, Inc. (NASDAQ:FISV)