Leon Cooperman’s stock picks at Delivering Alpha turn in mixed performance

Four stocks specifically mentioned by Omega Advisors’ Leon Cooperman at an investing conference on Tuesday are putting in a mixed performance. WPX Energy Inc. WPX, +1.94% rallied 2.3% and Hess Corp. HES, +0.70% added 1.2% after Cooperman pointed out that the two oil producers have net asset values above their current stock prices. Oil for October delivery CLV7, +0.27% gained 0.2% to $48.18 a barrel on the Nymex. His other picks, Shire PLC SHP, -0.33% and United Continental Holdings UAL, -0.08% fell, underperforming the broader market. The S&P 500 SPX, +0.13% and the Dow Jones Industrial Average DJIA, +0.20% were both up about 0.2%.

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