Investor David Tepper’s Firm Buys Whirlpool, American Air, Goodyear in 3Q, Unloads Intel
1. Appaloosa bought 5.2M shares of Whirlpool, raising total holdings to 5.5M. 2. Whirlpool stock rose 3% after Appaloosa's investment disclosure. 3. Whirlpool is deemed out-of-favor, with a 40% decline this year. 4. David Tepper, a notable investor, leads Appaloosa's contrarian strategy. 5. Appaloosa also invested in depressed stocks like Goodyear and American Airlines.