CVR Energy, Inc. (CVI), Netflix, Inc. (NFLX): Investing In Icahn’s Stock Picks, Best Way To Make Bank

Icahn is definitely a good investor. Following his stock picks is a good way to generate high returns. Investing in Icahn Enterprises LP (NASDAQ:IEP) and CVR Energy, Inc. (NYSE:CVI) is a great idea because Icahn is the chairman of both companies.

Over the past ten years, Icahn Enterprises recorded 20% average annual returns. Since Icahn initiated his position in CVR Energy, the stock increased by 104% including dividend. Both companies have an annual dividend; $4 and $3 per share, respectively.

With Netflix, Inc. (NASDAQ:NFLX), Icahn is convinced that the company has good management, and it is a dominant player in the video streaming market. Analysts have positive recommendations and higher price target for shares of the company. The stock recorded an 80% increase has been the second biggest winner in the S&P 500 so far this year. I strongly believe that Netflix is poised to trade higher because it is expanding internationally. Hastings recently announced that its subscribers watched 4 billion hours on Netflix, Inc. (NASDAQ:NFLX) in just three months.

Icahn believes that Icahn Enterprises LP (NASDAQ:IEP) is trading at discount of its book value, and CVR Energy, Inc. (NYSE:CVI) is currently trading at around $48, lower than its peak at $62.50 over the 52-week range. His piece of advice, “When you conclude something is really cheap, you’ve got to be willing to load up.”

Marivic Cabural has no position in any stocks mentioned. The Motley Fool recommends Netflix, Inc. (NASDAQ:NFLX). The Motley Fool owns shares of Netflix.