Business Magazine

Stock Pick of the Week: Icahn Enterprises LP (IEP)

Posted on the 06 April 2013 by Divstkforcomman @DivStkForComMan
Icahn Enterprises LP, stock ticker IEP, provides an excellent investment opportunity for the masses. With a current 7.20% dividend yield, $1.00 per share, IEP is currently undervalued. IEP's 52 week high is $90.75 and 52 week low is $37.22. So with a current share price of $55.52, IEP is in a sweet spot.

IEP's net assets are worth twice as much as its market cap!

Icahn Enterprises LP is essentially a diversified holding company. IEP owns subsidiaries, which are engaged in Investment, Gaming, Automotive, Railcar, Real Estate, Food Packaging, Metals, and Home Fashion. IEP is like a mini mutual fund that pays a sweet dividend.

IEP owns a 99% limited partner interest in Icahn Enterprises Holdings LP. All of IEP assets and liabilities are owned through Icahn Enterprises Holdings and all of their operations are conducted through Icahn Enterprises Holdings and its subsidiaries. Icahn Enterprises G.P. Inc. (Icahn Enterprises GP), the Company’s sole general partner, owns a 1% general partnership interest in both Icahn Enterprises Holdings and Icahn Enterprises.

During the year ended December 31, 2011, the Company acquired additional shares of common stock of Federal-Mogul Corporation and owned approximately 77.2% of the common stock of Federal-Mogul as of December 31, 2011.

Billionaire Carl C. Icahn is the Chairman of the Board of Icahn Enterprises GP. Check out the videos below for more information regarding Mr. Icahn. His track record speaks for itself! Between 1996 and 2004, Mr. Icahn invested in 56 companies, with an average stock gain of 53%. The market is ripe for more of his astute acquisitions. Click on this link to learn more about Mr. Icahn.

Current IEP Statistics (as of April 6th, 2013):

52 week$37.22 - $90.75

Avg. Volume 213,014.00
Mkt cap6.00B
Inst. own96%

Feel free to visit Icahn Enterprises LP homepage, here. Also, analyze their Investor Relations page, here. Enjoy the videos below and you'll see why this stock is a winner! Go ahead and pick up a bunch of shares of IEP. Let's secure our financial future by trusting in Mr. Icahn's wise investment decisions. IEP is on the rise!

Until next time, spend within your means, reinvest your dividends within a ROTH IRA stock portfolio, and have a great day!

Carl Icahn: The Takeover Man (60 Minutes Interview) Carl Icahn Shares Advice To Graduates (2008) Dell To Give Carl Icahn A Look At Their Books (March 2013)

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