What Stock Does Warren Buffett and Carl Icahn Agree On?
If you look at the list of stocks that each own, you will find only one that they agree on.
The stock is NRG Energy, Inc. (NRG), which owns, builds, and operates power generation facilities. The stock trades at 9.5 times current earnings and 15 times forward earnings. On the positive side, the stock has $8.56 in cash per share and is trading at less than 21 per share, way below its book value of 31.66. However, the latest earnings were down over 50% on a 4% drop in revenues. The company does not pay a dividend.
For a list of stocks that Warren Buffett owns, along with other interesting stock lists, go to WallStreetNewsNetwork.com.
Author does not own any of the above.