“Today the risk is too high for the reward in many companies,” said Icahn, who at age 84 has lived through decades of financial crises.
He said he likes what he calls “mundane” companies and said he thinks technology stocks are overvalued.
This week he made money in the oil market when he urged refiner CVR Energy Inc (CVI.N), in which he owns a big stake, to make storage available for sellers who did not know where to put the oil. “I usually don’t micromanage,” Icahn said, adding he called CVR to say “we have storage space.” The company has storage capacity for millions of barrels of oil and filled a fraction of that, he said.
He also spoke again about a current favorite trade: a bet against an index of commercial real estate debt that will pay off when large shopping centers default on their debt. The coronavirus, which has shuttered malls, has been helping with that trade. A number of retailers including Neiman Marcus [NMRCUS.UL] and Lord & Taylor are exploring bankruptcy as their stores remain shut.
energy storage company 在 Top 50 Energy Storage Companies in 2021 | YSG Solar 的相關結果
One of the biggest utility companies in the United States, supplying electricity to over 5 million Florida residents. Alongside its affiliates, ... ... <看更多>