Cooperman said he has a position in healthcare insurer Cigna, which beat on the top and bottom lines of its quarterly results on Thursday.
Billionaire investor Leon Cooperman believes technology stocks' sky-high valuations are justifiable when interest rates are at historic lows.
"Who pays for the party when the party is over?" investment titan Leon Cooperman told CNBC on Friday.
Leon Cooperman was born to working-class Polish immigrants and is now worth $2.5 billion.
The S&P 500 closed out its best August since 1986 on Monday. Four experts discuss whether that strength can carry over into September.
Democrat Joe Biden "seems like a good man, but we've got to make sure he's strong and resolute in his views," Leon Cooperman told CNBC.
Billionaire investor Leon Cooperman warned on CNBC that market returns could be lackluster for a "long time."
Leon Cooperman of Omega Family Office is invested in Mr. Cooper, a mortgage-servicing company and Energy Transfer Equity, among others.
Robinhood traders "are just doing stupid things, and in my opinion, this will end in tears," Cooperman said.
Cooperman said that while he's confident the market may have found its bottom, he's not convinced stocks will post a sharp rebound.
Bailouts would "avoid the huge surge in unemployment, and they will get a return on their investment," billionaire Leon Cooperman said.
SEC Chairman Jay Clayton said Monday that the practice of short selling — effectively betting that a stock will drop — is needed to "facilitate ordinary market trading."
"If the economic shutdown goes beyond April into the third quarter, I would be less optimistic," the Omega Advisors founder told CNBC on Friday.
As of Friday, more than 585,040 cases of coronavirus have been reported, resulting in at least 26,819 deaths.
The exits of Sen. Elizabeth Warren and Mike Bloomberg leave Joe Biden and Sen. Bernie Sanders to battle for the Democratic presidential nomination.
"Don't be on margin, just know what you own and be patient," billionaire investor Leon Cooperman said on CNBC, offering investors advice on how to navigate a volatile market.
Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday.
Leon Cooperman said he's been a net buyer of stocks and is seeing "a lot of value in the market" over the last few days.
Cooperman, founder of Omega Advisors, spoke Tuesday with CNBC's Scott Wapner on "Fast Money Halftime Report" and revealed a new position.
Leon Cooperman thinks investors should be more worried about the ramifications of a Bernie Sanders presidency than about the coronavirus.