One easy way for investors to identify great income stocks is to simply mimic the masters. After all, if a billionaire investor has put a lot of money into a high-yield stock, then the odds are pretty good that it’s worthy of an investment.
So which high-yield stocks have billionaire investors been buying lately? We asked that question to a team of investors, and they identified Icahn Enterprises L.P. (NASDAQ: IEP), General Motors (NYSE: GM), and General Mills (NYSE: GIS).
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