Jim Chaos--Kynikos Associates
The fund manager, best known for his famous short of Enron is bearish on alternative energy. In a presentation titled "Solar + Wind=Hot Air," Mr. Chaos revealed that his firm was short Vestas Wind Systems and First Solar (FSLR)
Phil Falcone---Harbinger Capital
Mr. Falcone likes natural gas companies, believing that they are attractive from a valuation standpoint. In particular, his firm is long Crosstex Energy (XTXI) and thinks the stock could roughly double from $9 to $18.
Jeff Aronson---Centerbridge Partners
Recommends CIT Group, saying the financial company could rise to $65, up from its current price of $41. Says the firm may be a takeover target for a larger bank.
Steve Eisman---FrontPoint Partners
Long property and casualty insurers. Thinks the recent bear market for these stocks is over and that pricing will improve over the next 12 months. With a turn in the pricing cycle, Mr. Eisman believes these stocks could rise dramatically. His favorite companies are March & McLennan (MMC) and Aon Corp (AON).
Likes Mircosoft (MSFT). Says that CEO Steve Ballmer should leave and be replaced by someone who better understands mobile computing, tablets, and social networking. Ballmer's strategies have not worked and his presence is one of the largest overhangs for the stock. His departure would immediately help the company.
Black Swan Insights