David Tepper’s Outlook

By on January 21, 2011

David Tepper, hedge fund manager (Appaloosa Management), was on CNBC this morning providing his views on the economy and stock market.  Tepper was made semi-famous for his prescient bullish forecast last September (link).

Tepper said he still believes stocks are a good investment, mentioning Dean Foods (DF) as a particular favorite. Technology, particularly semiconductors and equipment companies, also are favorable, with Micron Tech (MU) a specific choice.

Outside equities, he classified both currencies and gold as “tough right now,” though he believes oil and other industrial commodities will be stronger due to global growth.

Source: CNBC
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