Below is the list of Josh Friedman’s favorite stock picks. For a detailed discussion about Josh Friedman’s investment philosophy and portfolio management strategy please see Josh Friedman’s Canyon Capital Portfolio: Top 10 Stock Picks.
5. Nobel Corporation (NYSE:NE)
Canyon Capital’s stake value: $58 Million
Josh Friedman’s Canyon Capital has been holding a big stake in Nobel Corporation (NYSE:NE) over the past few quarters and it appears that the firm has been benefiting from its position. This is because shares of the energy giant rallied 15% in the past twelve months alone.