Legendary investors Bill Miller and Leon Cooperman had some advice for investors on Friday—from the best-run company to good names to jump into right now.
For Miller, the former chairman of asset managing firm Legg Mason Capital and current chairman and CIO of LLM, Amazon.com is the best company in the world.
"Amazon has a very small market share in a giant global market. It has a sustainable competitive advantage both in cost and customer loyalty," he said in an interview with CNBC's "Closing Bell."
Its CEO Jeff Bezos is brilliant, relentless and wholly rational, he added.
"That's a deadly combination for the competition."