In an interview with Insider Monkey earlier yesterday, hedge fund manager David Einhorn said his favorite long pick this year is Dutch insurer Delta Lloyd Group (Euronext: DL). Einhorn says the company is doing very well but is trading at about half of book value and about 6 times earnings. “That’s probably the only stock we have that I think can double and it would still be cheap“, said Einhorn.
http://www.insidermonkey.com/blog/2011/01/04/david-einhorns-favorite-long-pick-of-2011/
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