Fannie Mae-No Politics (FNMA)

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Motley Fool: Is Fannie Mae really a $50 stock?

Other than the U.S. Government, Ackman's Pershing Square hedge fund is the single largest holder of Fannie Mae and Freddie Mac's common stock. So, obviously he thinks there is value in the companies. However, even the most bullish of shareholders may not quite share his latest sentiments.

Speaking at the Invest for Kids Conference in Chicago, Ackman said the shares could be worth $40-$50 if the government allows the agencies to begin distributing profits to shareholders. (Both companies' stocks trade in the low $2 range right now.) He also called Fannie and Freddie the "most interesting risk/reward of anything we own."

He seems to be so convinced that shareholders will ultimately prevail because the government's seizing of Fannie and Freddie's profits is an example of the government taking private property. And he finds it inconceivable that such an action could hold up in court.

http://www.usatoday.com/story/money/2014/11/15/is-fannie-mae-really-a-50-stock/19029321/