LGORF - Largo Resources Ligado recommended by investor Leon Cooperman on CNBC
Investor Leon Cooperman recommended the shares of Largo Resources (LGORF) on CNBC, citing the company's move into the battery business.Largo Resources has ~$600m market cap; calls Largo the only company in the battery business "that is making money"Cooperman also like Athene (ATH).On the fixed incomed/bond side Cooperman likes Ligado, which owns telecommunications spectrum. Expects investors can make 50% on the bonds in the next 3 years with "virtually no risk."Expects that someone will buy Ligado.Yesterday, FCC rejects request by U.S. agencies to halt Ligado network approval
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Largo Resources, Ligado recommended by investor Leon Cooperman on CNBC