Billionaire Leon Cooperman’s Long-Term Stock Picks: Top 5 Stocks

2. The AES Corporation (NYSE:AES)

Omega Advisor’s Q3 2023 Investment Value: $12.7 million

First Purchase: 2010

The AES Corporation (NYSE:AES) is a global utility company with operations in the U.S., Brazil, Mexico, and other countries. Leon Cooperman has owned 900 The AES Corporation (NYSE:AES) shares since Q4 2019. The stock is rated Buy on average and analysts have set an average share price target of $21.35.

As of June 2023 end, 36 out of the 910 hedge funds profiled by Insider Monkey had invested in The AES Corporation (NYSE:AES). During the September quarter, the firm’s biggest stakeholder was William B. Gray’s Orbis Investment Management due to a $302 million investment.

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