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Leon Cooperman plans to stock pick his way to success, not expecting much more from overall market

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Leon Cooperman on CNBC’s “Halftime Report.”

Scott Mlyn | CNBC

Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit.

“In terms of my long-term outlook, to be honest with you, stocks are the best place to be, but I just wouldn’t expect much from the major averages,” Cooperman said at CNBC’s Financial Advisor Summit. “I’m prepared to be in that kind of environment where I have to stock-pick my way to success.”

The chairman of the Omega Family Office is still heavily invested in stocks and believes that the Federal Reserve’s view on inflation will…



Source cnbc.com

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