Wall Street investment mogul Cooperman is cautious! U.S. stocks are being reduced at highs, holding a large amount of cash
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Wall Street investment mogul Leon Cooperman is reducing his holdings in profitable stocks and increasing his cash position, holding about 15% in cash, significantly higher than Wall Street's standard of 5%. He expresses concerns about overvalued market conditions and an unstable policy environment, opting to sell on rallies. He is focused on undervalued stocks with growth potential, such as Fidelis Insurance and Vertiv Holdings. Cooperman has a complex attitude towards Trump's tariff policies, believing they may trigger inflation but could also help reduce the deficit
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