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Carl Icahn’s Top Stock Picks

Legendary corporate raider Carl Icahn recently announced that he will be returning $1.76 Billion back to his investors. We believe Icahn is still bullish about the market. Carl Icahn is a very smart man and following his moves in the market could make investors a lot of money. For instance, on December 20th Carl Icahn revealed a 5.8% stake in Chesapeake Energy (CHK) and CHK immediately jumped 3%. However, that wasn’t the end of it. Even if you had waited till the last day of trading in 2010 and bought CHK at the close, your return could have been 28.8% in less than three months.

Carl Icahn

We believe imitating Carl Icahn can benefit ordinary investors. Icahn’s top 20 holdings in his 13F portfolio returned 8.2% since the end of December, vs. SPY’s 5.3% return. Here is how his profitable bets performed so far this year:

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