Legendary Investor John Paulson is Buying These Stocks Now

Wall St. Watchdog reveals information about the latest bets that hedge fund manager John Paulson has placed on the market.

  • News Corp. (NASDAQ:NWSA):  Paulson acquired 7.52 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $17.20, down $0.07, or 0.35%, on the day.  Its market capitalization is $45.20 billion.  About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts.
  • Tenet Healthcare Corp. (NYSE:THC): Paulson acquired 20 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $5.39, up $0.11, or 2.08%, on the day.  Its market capitalization is $2.55 billion.  About the company: Tenet Healthcare Corporation, through its subsidiaries, owns or operates general hospitals and related health care facilities serving communities in the United States. The Company operates rehabilitation hospitals, specialty hospitals, long-term care facilities, psychiatric facilities, and medical office buildings near its general hospitals, as well as ancillary health care businesses.
  • Walter Energy, Inc. (NYSE:WLT): Paulson acquired 1 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $81.08, down $0.66, or 0.81%, on the day.  Its market capitalization is $5.06 billion.  About the company: Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,; manufactures blast furnace, foundry, industrial and buckwheat coke; and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.
  • RLJ Lodging Trust (RLJ): Paulson acquired 2.75 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $13.34, up $0.08, or 0.6%, on the day.  Its market capitalization is $1.42 billion.  About the company: RLJ Lodging Trust, together with its consolidated subsidiaries, including RLJ Lodging Trust, L.P. (operating partnership), is a self-advised and self-administered real estate investment trust, which invests in premium-branded, focused-service and compact full-service hotels.
  • Life Technologies Corporation (NASDAQ:LIFE): Paulson acquired 7.52 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $41.75, down $0.25, or 0.6%, on the day.  Its market capitalization is $7.53 billion.  About the company: Life Technologies Corporation develops biotechnology tools used by researchers. The Company offers a broad range of products and services, including systems, instruments, reagents, and custom services. Life’s portfolio of products includes technologies for capillary electrophoresis based sequencing, sequencing, mass spectrometry sample preparation, and cell culture.
  • Southern Union Co. (NYSE:SUG): Paulson acquired 4.53 million shares of this company between 3/31/11 and 6/30/11.  The shares recently traded at $41.76, down $0.12, or 0.29%, on the day.  Its market capitalization is $5.21 billion.  About the company: Southern Union Company, through subsidiaries, gathers, processes, stores, transports, and distributes natural gas. The Company transports natural gas by pipeline from gas producing areas to customers primarily in the southeast, midwest, and Great Lakes region. Southern Union also operates a liquefied natural gas import terminal.
  • Mosaic Co. (NYSE:MOS): Paulson acquired 2.25 million shares of this company between 3/31/11 and 6/30/11. The shares recently traded at $71.36, up $0.23, or 0.32%, on the day.  Its market capitalization is $31.87 billion.  About the company: The Mosaic Company produces and distributes crop nutrients to the agricultural communities located in North America and other countries. The Company’s principal products include concentrated phosphates, and potash.

(Note: Data on hedge fund holdings are sourced from publicly available SEC filings.  Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>