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10 New Stock Picks of Billionaire Mario Gabelli

In this article, we discuss 10 new stock picks of billionaire Mario Gabelli. If you want to read about some more stocks in the Gabelli portfolio, go directly to 5 New Stock Picks of Billionaire Mario Gabelli.

It has become increasingly difficult for investors to identify winners in a market that is dogged by inflation, rising commodity prices, and fears of a recession. Even veteran value investors like Mario Gabelli of GAMCO Investors are finding life difficult at the moment. Gabelli, who owns famous growth names like Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB), manages an equity portfolio worth more than $9 billion as of the end of the second quarter of 2022. 

Filings from the end of June 2022 show that the portfolio of GAMCO Investors decreased by around $2 billion, compared to the first three months of 2022. Between March and June, the fund made new purchases in 39 stocks during the period, additional purchases in 206, sold out of 55, and reduced holdings in 427 stocks. The top ten holdings of the fund, in contrast to other elite hedge funds, comprise just a little over 14.5% of the entire portfolio. The bulk of the portfolio comprises stocks in the services and consumer goods sectors. 

On September 9, Gabelli appeared on news platform CNBC to outline his take on the current market situation, saying that he was bullish on sectors like agriculture and aerospace because there were indications that they would benefit from increased government spending in the coming months. Gabelli added that he was also paying attention to the weapons industry in the wake of the Ukraine war, and food and defense were some of the spaces that made a lot of sense in a world weighed down by fears of war and food shortages. 

Our Methodology

The companies listed below were picked from the investment portfolio of GAMCO Investors at the end of the second quarter of 2022. The stocks that are a new addition to the portfolio, compared to filings for the first quarter of 2022, were selected. Data from around 900 elite hedge funds tracked by Insider Monkey in the second quarter of 2022 was used to identify the number of hedge funds that hold stakes in each firm.

New Stock Picks of Billionaire Mario Gabelli 

10. Whirlpool Corporation (NYSE:WHR)

Number of Hedge Fund Holders: 24 

Whirlpool Corporation (NYSE:WHR) manufactures and markets home appliances and related products. According to the latest filings, GAMCO Investors owned over 2,000 shares of Whirlpool Corporation (NYSE:WHR) at the end of the second quarter of 2022 worth $310,000, representing a very small portion of the portfolio. 

On July 15, JPMorgan analyst Michael Rehaut maintained an Overweight rating on Whirlpool Corporation (NYSE:WHR) stock and lowered the price target to $191 from $227, noting that key investor concerns around the firm were likely to remain unresolved in the near term. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Greenhaven Associates is a leading shareholder in Whirlpool Corporation (NYSE:WHR), with 2.8 million shares worth more than $438.8 million. 

Just like Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB), Whirlpool Corporation (NYSE:WHR) is one of the stocks that elite investors are buying. 

9. VICI Properties Inc. (NYSE:VICI)

Number of Hedge Fund Holders: 25   

VICI Properties Inc. (NYSE:VICI) is an experiential real estate investment trust that owns market-leading gaming, hospitality, and entertainment destinations. Latest data shows that GAMCO Investors owned more than 39,100 shares of VICI Properties Inc. (NYSE:VICI) at the end of the second quarter of 2022 worth over $1.1 million, representing a minor portion of the portfolio. 

On August 24, JMP Securities analyst Mitch Germain initiated coverage of VICI Properties Inc. (NYSE:VICI) stock with an Outperform rating and a price target of $38, noting that the business strategy of the firm had been stress tested during the pandemic. 

Among the hedge funds being tracked by Insider Monkey, Naples, Florida-based investment firm Pentwater Capital Management is a leading shareholder in VICI Properties Inc. (NYSE:VICI), with 4.5 million shares worth more than $135 million.

In its Q2 2022 investor letter, Meridian Funds, an asset management firm, highlighted a few stocks and VICI Properties Inc. (NYSE:VICI) was one of them. Here is what the fund said:

“VICI Properties Inc. (NYSE:VICI) is a real estate investment trust company specializing in casinos and other entertainment properties. We invested in VICI in 2018 when earnings were declining due to dilutive acquisitions. Our thesis was that, as investors grew more comfortable with casinos as a REIT subsector, the value of their properties would increase. We also liked the defensive characteristics of the company, specifically the triple-net lease structure, which dictates that lessees pay all maintenance and capital expenditures, and the history of casino REITs with zero rent payments missed by casinos during either the global financial crisis or the 2020 pandemic. Furthermore, we were confident that VICI’s growth prospects would increase as more casinos monetized land holdings with VICI’s ability to use its extensive cash and liquidity to make acquisitions. VICI’s stock outperformed in the quarter due to its appeal as a fairly defensive investment and the news that it would be included in the S&P 500 Index. We maintained our position in VICI.”

8. Royal Gold, Inc. (NASDAQ:RGLD)

Number of Hedge Fund Holders: 25     

Royal Gold, Inc. (NASDAQ:RGLD) acquires and manages precious metal streams, royalties, and related interests. Regulatory filings show that GAMCO Investors owned 8,480 shares of Royal Gold, Inc. (NASDAQ:RGLD) at the end of June 2022 worth $2.1 million, representing a small portion of the portfolio. 

On August 5, investment advisory Raymond James maintained an Outperform rating on Royal Gold, Inc. (NASDAQ:RGLD) stock and lowered the price target to C$142 from C$144. Analyst Brian MacArthur issued the ratings update. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm First Eagle Investment Management is a leading shareholder in Royal Gold, Inc. (NASDAQ:RGLD, with 3.2 million shares worth more than $344 million.

7. DICK’S Sporting Goods, Inc. (NYSE:DKS)

Number of Hedge Fund Holders: 28    

DICK’S Sporting Goods, Inc. (NYSE:DKS) operates as a sporting goods retailer primarily in the eastern United States. Securities filings show that GAMCO Investors owned 6,800 shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) at the end of June 2022 worth $513,000, representing a small portion of the portfolio. 

On August 24, Evercore ISI analyst Warren Cheng maintained an Outperform rating on DICK’S Sporting Goods, Inc. (NYSE:DKS) stock and raised the price target to $160 from $120, noting that the normalized EPS for the firm would likely settle out somewhere north of $11-$12. 

At the end of the second quarter of 2022, 28 hedge funds in the database of Insider Monkey held stakes worth $1 billion in DICK’S Sporting Goods, Inc. (NYSE:DKS), compared to 31 in the previous quarter worth $1.1 billion.

In its Q1 2022 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and DICK’S Sporting Goods, Inc. (NYSE:DKS) was one of them. Here is what the fund said:

“DICK’S Sporting Goods, Inc. (NYSE:DKS) was the first stock Michael recommended to us shortly after he joined Baron Capital in 2003. Dick’s share price has since increased about nine-fold. Unfortunately, we sold our investment in Dick’s about six years ago and, although it was a successful investment, we did not realize the full benefit of Michael’s recommendation. We sold too soon because I was concerned that competition from internet retailers would have a permanent negative impact on Dick’s stores’ profitability. I was wrong. Dick’s stock price so far has about doubled after we sold…and its prospects have brightened! (…read more)

6. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 34 

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies. The hedge fund of Mario Gabelli entered the second quarter of 2022 with 14,000 shares of Vertiv Holdings Co (NYSE:VRT) in its portfolio worth more than $115,000.

On August 4, Citi analyst Andrew Kaplowitz maintained a Buy rating on Vertiv Holdings Co (NYSE:VRT) stock and increased the price target to $15 from $14, noting that the demand for the products of the firm remained strong in the second quarter. 

Among the hedge funds being tracked by Insider Monkey, New York-based firm Eminence Capital is a leading shareholder in Vertiv Holdings Co (NYSE:VRT), with 11 million shares worth more than $91 million. 

In addition to Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB), Vertiv Holdings Co (NYSE:VRT) is one of the stocks on the radar of hedge funds. 

In its Q2 2022 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and Vertiv Holdings Co (NYSE:VRT) was one of them. Here is what the fund said:

“Vertiv Holdings Co (NYSE:VRT), a leading provider of critical infrastructure for data centers, fell in the quarter. The market became concerned that capital spending for data centers might be slowing along with the economy, which could be the case. If you recall, shares of Vertiv were very weak when the company reported first quarter costs were not properly passed through to their customers, so margins would fall well short of projections.

We believe that Vertiv is now ahead of the curve on this and will demonstrate robust earnings power in the back half of 2022 and into next year. We think it’s a very cheap stock, with strong management and board oversight, and remain hopeful that when the company reverts to form, the shares can appreciate significantly.”

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Disclosure. None. 10 New Stock Picks of Billionaire Mario Gabelli is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!