Philanthropy

Lee Cooperman: Stocks are the place to be

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The Omega founder's stock picks from Portfolios with Purpose.

Lee Cooperman presents his stock picks as Portfolios with Purpose founder Stacey Asher looks on.

Leon Cooperman is less bullish on stocks than a few years ago, but it's still the only major asset class that he thinks can make money.

Cooperman, presenting at a fundraiser for nonprofit Portfolios with Purpose, enumerated the companies he is using in the group's charity stock picking competition: Brazilian health care company Qualicorp SA (QUAL3.BZ), footwear company Crocs (CROX), mobile financial services company Monitise PLC (MONI:LN), investment company Tetragon Financial Group (TGONF) and finance company Chimera