Omega’s Cooperman Says Investors in for a Strong 2017

According to a 51-page letter to investors penned by Leon Cooperman and Steve Einhorn of hedge fund Omega Advisors, “things are looking good for stock investors,” says a recent article in Business Insider. The article outlines some takeaways: Solid S&P 500 growth: The index, say Cooperman and Einhorn, can deliver an 8% to 10% return in the coming year, “consisting of earnings-per-share growth of approximately 8% (aided by a lower corporate tax rate and added… Read More