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Closing Bell Overtime: Billionaire Investor Leon Cooperman on the Markets 1/5/23

Closing Bell

00:00

Are You Putting Money to Work in a Market of Stocks?

Lee Krasnoff: What exactly are you looking for to say that it's not a stock market, it's a market of stocks and I'm willing to put fresh money into names even in what is a very uncertain and difficult environment. He says he looks for free cash flow, intelligent management, basically good return on equity and importantly,I'm looking for people to pay me to wait. Since I think I have to be patient, I want to earn a dividend while we're waiting. If the company has a mentality of buying back cheap stock because as they buy back stock and shrink the cap, I'm increasing my ownership.

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