Billionaire hedge fund pioneer Leon Cooperman told CNBC on Thursday that the stock market is not overvalued yet.
The chairman and CEO of Omega Advisors characterized it as “reasonably fully valued.”
“The market is doing better this year than I thought,” he said. “[But] I don’t see euphoria.”
Cooperman appeared on “Fast Money Halftime Report” as the Dow Jones industrial average and the S&P 500 were trading less than 1 percent away from their closing record highs.
Read more at CNBC News
