5 Undervalued Stocks Picked by Billionaire Gabelli

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1. Herc Holdings Inc (NYSE:HRI)

Number of Hedge Fund Investors: 28

GAMCO’s Stake: $197M

Herc Holdings Inc (NYSE:HRI) is the biggest holding of GAMCO Investors as of the end of the third quarter. The fund has a $197 million stake in the equipment rental company.

In November, Herc Holdings Inc (NYSE:HRI) announced a new three-year performance target during its investor day event. Herc Holdings Inc (NYSE:HRI) is targeting organic rental revenue of 10% to 14% compound annual growth (CAGR) from 2024 through 2026 and establish an organic adjusted EBITDA CAGR of 11% to 16% over the same period.

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