Top 5 Supermarket Stocks To Buy For 2015: Icahn Enterprises L.P. (IEP)
Icahn Enterprises L.P., through its subsidiaries, engages in investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Its Investment segment provides investment advisory, and administrative and back office services to the investment funds. The companys Automotive segment offers powertrain energy, powertrain sealing and bearings, vehicle safety and protection, and aftermarket products for original equipment manufacturers. Icahn Enterprises L.P.s Gaming segment owns and operates casino gaming properties. It has 9 casino facilities with 7,485 slot machines, 226 table games and 6,048 hotel rooms in Nevada, Mississippi, Indiana, Louisiana, New Jersey, and Aruba. The companys Railcar segment designs, manufactures, sells, and leases hopper and tank railcars; custom designed railcar parts and other industrial products, primarily aluminum and special alloy steel castings; and provides r epair and maintenance services for railcar fleets. Icahn Enterprises L.P.s Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings for the processed meat and poultry industry. The companys Metals segment collects, processes, and sells ferrous and non-ferrous metals, as well as processes and distributes steel pipe and plate products. Icahn Enterprises L.P.s Real Estate segment engages in the rental of retail, office, and industrial properties; construction and sale of single-family and multi-family homes, lots in subdivisions and planned communities, and raw land for residential development; and golf and resort activities. The companys Home Fashion segment manufactures, sources, distributes, markets, and sells home fashion consumer products, including bed, bath, basic bedding, and kitchen textile products. Icahn Enterprises G.P. Inc. serves as the general partner of the company. Icahn Enterprises L.P. was founded in 1987 and is head! quartere d in New York, New York.
Advisors' Opinion:- [By Robert Rapier]
Carl Icahn’s majority-owned investment vehicle, Icahn Enterprises (NYSE: IEP), had already racked up a 37 percent return since Sept. 9 as of 10 days ago, when we recommended that subscribers along for the ride sell half of their position. The other half is now up more than 40 percent following today’s 6.5 percent jump in response to earnings that proved better than expected.
- [By Robert Rapier and Igor Greenwald]
Some MLPs have experienced huge capital appreciation. Three–Icahn Enterprises (Nasdaq: IEP), Hi-Crush Partners (NYSE: HCLP), and The Blackstone Group (NYSE: BX)–gained over 100 percent in 2013. A fourth, American Midstream Partners (NYSE: AMID) gained 96 percent for the year.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-supermarket-stocks-to-buy-for-2015.html
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