Gabelli: “Extraordinarily Exciting Year” for Stock-Pickers

Top value investor Mario Gabelli says he is finding “great ideas” in the stock market right now. “This is going to be an extraordinarily exciting year to find stocks and we are enthusiastic all the time because when we look … we continue to find great ideas,” Gabelli tells FOX Business Network. “Financial engineering is alive and well — Heinz, Dell, these are things that stimulate the appetites.” Gabelli says that while Europe’s troubles are a concern, other bullish factors are superceding them. “The recovery in Europe is fragile. There clearly will be some potholes for the market. Within the […]

Gabelli Talks Stocks, Election, Economy

Top value investor Mario Gabelli is finding value in the market, but he’s concerned about the “three Fs”: food, fuel, and the fiscal cliff. In a Bloomberg interview, Gabelli talks about broader strategy and some individual companies he’s high on. He also says that one bright spot right now is that whoever wins the Presidential election, it appears corporate tax rates will decline.

Gabelli Talks Stocks, Economy

Top value investor Mario Gabelli says he doesn’t think the stock market will do much between now and year-end. Gabelli tells Bloomberg that the U.S. needs to address its budget issues to put itself back on the path to prosperity, but says he’s more concerned with looking at individual companies that are good investments. He also talks about some companies that he thinks are good takeover targets.

Gabelli Talks Europe, and the U.S.’s “Fiscal Cliff”

Value investing guru Mario Gabelli says a number of factors are pushing and pulling on stocks right now, and recently discussed some of those issues with Bloomberg. Gabelli says about 20% of S&P 500 companies’ earnings come from Europe, and that first quarter results and second quarter estimates for those European earnings are likely to be “bleak”. He also says the end of the Federal Reserve’s “Operation Twist”, and the “fiscal cliff” facing the U.S. in 2013, are going to weigh on investors in the coming two or three months. On the other side, he notes that bond yields are […]

Gabelli: Opportunities in Spinoffs

Value investing guru Mario Gabelli says companies that spin off parts of their businesses are a prime area to look for good investments. Gabelli tells CNBC that he likes investing in companies that have a history of splitting off successful businesses, or which could split off businesses. Then he invests in both firms. “How do you take a company and take its capital and move it to its highest rate of return? Split-ups are an example of that,” he says. “We look at finding the company that was spun off and say, is this attractive?” Gabelli offers examples of some […]