Billionaire investor Carl Icahn shared his market views in an exclusive interview Thursday on CNBC's "Power Lunch."

On the market: "I do agree ... [the market] is ahead of itself somewhat," he said.

On auto parts retailers: "The days of the automobile distributors ... are going to come to an end of getting 27 times earnings for an AutoZone or an O'Reilly because you have a couple things happening ... a lot of things they sell are imported and two, you have Amazon coming," Icahn said.

The legendary activist investor has been the general partner of Icahn Enterprises since November 1990.



He also discusses:

Trump's Cabinet picks



Trump's impact on the economy

Business deregulation

Energy refiner industry

To watch the broadcast interview in its entirety, you must be a .