Here Are Some Of Leon Cooperman's Top Stock Picks For 2017

Famed hedge fund manager Leon Cooperman was a guest on CNBC's "Halftime Report" segment on Thursday and shared his top investment ideas for 2017.

Here is a summary of what the chairman and CEO of Omega Advisors recommends.

7 Names To Follow

1. Walgreens Boots Alliance Inc WBA is one of the three healthcare stocks that performed poorly in 2016 but is expected to rebound in 2017 amid a more encouraging earnings outlook.
2. Shire PLC (ADR) SHPG offers 15 percent growth but is trading at a single-digit multiple on next year's earnings.
3. Allergan plc Ordinary Shares AGN could see 15 to 20 percent recovery at the minimum after last year's poor performance.
4. Hess Corp. HES is sitting on exploration prospects that aren't being fully appreciated by investors.
5. Gulfport Energy Corporation GPOR should be valued at $32 to $35 even after a poorly thought-out acquisition.
6. MGM Resorts International MGM is a pure play in Las Vegas' recovery.
7. First Data Corp FDC is generating around $1 billion in free cash flow per year so the market is over-reacting regarding its approximate $15 billion debt load, which isn't due for at least five years.