In this article, we discuss the 5 best small-cap stocks to buy according to billionaire Mario Gabelli. If you want to read our detailed analysis of these companies, go directly to the 10 Best Small-Cap Stocks to Buy According to Billionaire Mario Gabelli.
5. Astec Industries, Inc. (NASDAQ:ASTE)
Market Cap: $1.53 Billion
Percentage of GAMCO Investors’ 13F Portfolio: 0.65%
Stake Value of GAMCO Investors: $74 Million
Ranking 5th on the list of best small-cap stocks to buy according to Billionaire Mario Gabelli is specialized equipment for road building manufacturer Astec Industries, Inc. (NASDAQ:ASTE). The Tennessee-based company was founded in 1972 and owns over sixteen brands of innovative rock to road-building products. In 2020, the company acquired Concrete Equipment Company, Inc. and BMH Systems, Inc., the acquisition will improve Astec’s capacity to meet the demands of their end-users.
The company has a market cap of $1.47 billion. The company recorded a net sales decrease of 1.5% to $284.4 million in the first quarter of 2021 as compared to the same period of 2020. The 52-week price range of Astec Industries, Inc. (NASDAQ:ASTE) is $41.29-80. The stock has gained 50% in the last twelve months.
4. The E.W. Scripps Company (NASDAQ:SSP)
Market Cap: $1.79 Billion
Percentage of GAMCO Investors’ 13F Portfolio: 0.66%
Stake Value of GAMCO Investors: $75 Million
American broadcasting company The E.W. Scripps Company (NASDAQ:SSP) is one of the small-cap stocks to buy according to billionaire Mario Gabelli. The Ohio-based company, founded in 1878, runs an award-winning investigative reporting newsroom in Washington, DC. The company owns different media platforms such as Court TV, Laff, and Grit. At the beginning of the year, the company acquired ION Media Networks Inc. The acquisition allowed the company to reach a wider audience via free over-the-air broadcast, cable or satellite, over-the-top, and digital distribution.
The company has a market cap of $1.76 billion. The 52-week price range of The E.W. Scripps Company (NASDAQ:SSP) is $7.86-24.78. Shares of CUTR surged 127% over the past twelve months.
3. GCP Applied Technologies Inc. (NYSE:GCP)
Market Cap: $1.84 Billion
Percentage of GAMCO Investors’ 13F Portfolio: 0.82%
Stake Value of GAMCO Investors: $93 Million
Construction products technology provider GCP Applied Technologies Inc. (NYSE:GCP) ranks 3rd on the list of small-cap stocks to buy according to billionaire Mario Gabelli. The company produces concrete management systems, and thermal and moisture protection products. One of the latest acquisitions of GCP was R.I.W Limited, a waterproofing supplier. The acquisition allowed GCP to add waterproofing capabilities to the company’s product line.
The company has a market cap of $1.82 billion. On March 23rd, Jefferies analyst Laurence Alexander downgraded GCP Applied Technologies, Inc. from Buy to Hold with a price target of $19.00. The 52-week price range of GCP Applied Technologies Inc. (NYSE:GCP) is $16.65-$27.78. Shares of GCP increased 19% over the past twelve months.
2. EnPro Industries, Inc. (NYSE:NPO)
Market Cap: $1.88 Billion
Percentage of GAMCO Investors’ 13F Portfolio: 0.86%
Stake Value of GAMCO Investors: $98 Million
EnPro Industries, Inc. (NYSE:NPO) ranks 2nd on the list of small-cap stocks to buy according to billionaire Mario Gabelli. The company is one of the leading manufacturers of materials science-enabled products for technology-intensive sectors. In 2020, EnPro acquired Alluxa, Inc., one of the leading optical filters for the industrial technologies market. The acquisition supports the company’s portfolio of materials science-based firms with leading technologies that serve markets with positive secular tailwinds.
EnPro Industries, Inc. (NYSE:NPO) has a market cap of $1.86 billion. The company reported an income in the first quarter of 2021 of $18.0 million, up from $10.1 million in the same quarter of 2020. On March 8, Oppenheimer maintained Outperform on EnPro Industries and raised the price target to $95. EnPro Industries, Inc.’s (NYSE:NPO) 52-week price range is $43.30-$96.16. Shares of NPO increased 86% over the past twelve months.
1. Otter Tail Corporation (NASDAQ:OTTR)
Market Cap: $1.98 Billion
Percentage of GAMCO Investors’ 13F Portfolio: 0.16%
Stake Value of GAMCO Investors: $19 Million
Topping the list of the 10 small-cap stocks to buy according to billionaire Mario Gabelli is Minnesota-based energy firm Otter Tail Corporation (NASDAQ:OTTR). Founded in 1907, the company provides electricity and energy services to over 423 towns and retails and delivers to about 14 municipal utilities. In May 2021, the company completed its Astoria Station, a 245-megawatt (MW) simple-cycle natural gas combustion turbine located in South Dakota. The Astoria Station can generate dispatchable energy while emitting 85% less carbon and light sulfur dioxide or mercury.
The company has a market cap of $1.97 billion and total revenues of $261.7 million in the first quarter of 2021, up 11.5% compared to the same period in 2020. The 52-week price range of Otter Tail Corporation (NASDAQ:OTTR) is $35.36-49.45. Shares of OTTR climbed 11% over the past twelve months.
You can also take a peek at 10 Cheap Stocks To Invest In February 2021 and Top 10 Stocks to Invest in For Beginner Investors.
