5 Undervalued Stocks Picked by Billionaire Gabelli

2. GATX Corp (NYSE:GATX)

Number of Hedge Fund Investors: 15

GAMCO’s Stake: $159M

Railcar leasing company GATX Corp (NYSE:GATX) ranks second in our list of the undervalued stocks picked by Mario Gabelli.

As of the end of the third quarter of 2023, the hedge fund had a $159 million stake in GATX Corp (NYSE:GATX).

In October GATX Corp (NYSE:GATX) posted Q3 results. Adjusted EPS in the period came in at $1.44, missing estimates by $0.03. Revenue jumped 12.2% year over year to $360.1 million, surpassing estimates by $16.08 million.