Dividends4Life: Top Dividend Stocks Held By David Tepper

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Top Dividend Stocks Held By David Tepper

Posted by D4L | Wednesday, August 24, 2011 | | 0 comments »

David Tepper, the contrarian investor, is one of the most successful hedge fund managers on the street. His company Appaloosa Management was able to beat the market with a large margin almost every single year in the last decade. He earned a reputation by snapping up banking stocks when their shares were trading at the very bottom. This bold move returned a whopping 130% in 2009. His return in 2010 was also above 20%.

I noticed 7 high-dividend stocks in his portfolio. I have examined these dividend stocks from a fundamental perspective, adding my O-Metrix Grading System where applicable. They include: Pfizer (PFE), International Paper (IP), Microsoft (MSFT), Applied Materials (AMAT), Merck & Co. (MRK), KLA-Tencor (KLAC) and Medtronic (MDT).

Source: Seeking Alpha

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