Carl Icahn says equities will continue to decline

Carl Icahn buys shares of stock, and it's known as the Icahn lift. The impact that the corporate raider has on purchasing shares of an underlying company is related to this.

Icahn mentioned that equities will decline, pointing to CVR Energy CVI as a stock to watch, but Icahn made a bearish position and said that equities will continue to decline.

Icahn currently holds a position in CVR Energy of more than 71 million shares, accounting for 11% of the portfolio.

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Here are two dividend stocks that Icahn holds, as he believes that companies dealing in the oil-refining industry will continue to perform well.

See also: 2 high-yielding stocks that Carl Icahn's One-Time Right-Hand Man Holds — And You Can, Too.