Leon Cooperman’s Must Know 2013 Stock Picks

Chairman and CEO of Omega Advisors, Leon Cooperman, recently spoke on CNBC this afternoon. Sectors he likes include: materials, energy and technology in the year ahead. Here are 4 stocks Leon Cooperman owns as 2013 unfolds:

1) Qualcomm (NASDAQ:QCOM): Shares are up almost 4% on the first trading day of the year. The company has beaten earnings 3 out of the past 4 quarters. The cash position is strong with $7.26 per share and nearly $0 debt. The forward P/E ratio stands at 13.44.

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2) Verifone (NYSE:PAY): The stock crossed the $30 level this morning. The forward P/E ratio stands at 7.91. The company generates $17.44 in revenue per share and possesses a $4.23 in cash per share.

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3) Google (NASDAQ:GOOG): Shares hit $727 today and are currently trading up almost 2%. The forward P/E stands at 15.51.

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4) Sprint (NYSE:S): Shares are up over 1% on the first trading day of the year. The company possesses $2.11 in cash per share, generates $11.69 in revenue per share and carries a book value of $2.83.

Leon said he preferred Qualcomm and Google over Apple (NASDAQ:AAPL), even those his firm still holds a solid position in Apple (NASDAQ:AAPL) stock.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

(Charts courtesy of Yahoo! Finance)