In this article we discuss Billionaire Mario Gabelli’s Top 5 Stock Picks. If you want to read our detailed analysis of GAMCO Investors’ founder Mario Gabelli’s investment philosophy and GAMCO’s performance, go to Billionaire Mario Gabelli’s Top 10 Stock Picks.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at billionaire Gabelli’s top stock picks:
5. Navistar International Corporation (NYSE: NAV)
Navistar International Corporation owns and manufactures a variety of global brands of trucks and diesel engines. Recently, the holding company acquired its 2nd property in San Antonio in preparation for a plant launch in 2022. Navistar International is expected to invest $275 million for this project, creating over 650 new jobs in the region. NAV currently has a $4.3 billion market capitalization, and was able to deliver a 17.13% return in the past 12 months. It settled at $44.09 per share at the closing of February 17th.
GAMCO Investors owns 3,063,523 shares of Navistar International Corporation worth $134.67 million.
4. GATX Corporation (NYSE: GATX)
GATX Corporation is a global railcar lessor. The company operates fleets on the Great Lakes and owns several aircraft spare engine lease portfolios in the world. The company owns a fleet of 147,000 railcars.
GATX currently has a $3.3 billion market capitalization. For the past 3 months, it was able to deliver a 20.74% return and settled at $96.44 per share at the closing of February 17th. According to an article we published last December, GATX was in 10 hedge fund portfolios during the Q4 of 2020. However, its all-time high statistics is 21.
Mario Gabelli’s GAMCO Investors owns a $156.45 million stake in GATX Corporations. Another notable stakeholder of GATX is Scopus Asset Management, with 97,576 shares of the company.
3. Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD)
Aerojet Rocketdyne Holdings Inc. focuses on the aerospace, defense, and real estate markets, providing innovative technology-based solutions to its customers. AJRD played a critical role in NASA’s Perseverance rover Mars landing.
Here is what Aerojet Rocketdyne’s CEO and President, Eileen Drake, has to say regarding the mission:
“Landing on Mars is hard. The planet has an atmosphere but it is too thin to slow the spacecraft down enough for a safe landing, and that is where Aerojet Rocketdyne propulsion comes in. Aerojet Rocketdyne’s innovative and reliable propulsion has been a part of every successful NASA mission to Mars since the Viking program in the 1970s.”
The company currently has a $3.9 billion market capitalization. For the past 3 months, it delivered a 35.77% return and settled at $52 per share at the closing of February 17th. Last month, we published an article about the 16 Best Space Stocks to Buy Now, and AJRD is part of it.
GAMCO owns 3,215,931 shares of the company, worth $169.96 million.
2. Sony Corporation (NYSE: SNE)
Sony Corporation is a Japanese global conglomerate that offers a variety of digital services through games, music, movies, gadgets, and a lot more. Sony currently has a $140.5 billion market capitalization. The company delivered a 70.31% return in the past 12 months and settled at $114.92 per share at the closing of February 17th.
GAMCO Investors owns 2,065,305 shares of Sony, worth $208.8 million. Sony accounts for 1.95% of GAMCO’s total portfolio.
1. Herc Holdings Inc. (NYSE: HRI)
Herc Holding Inc. tops the list of billionaire Mario Gabelli’s top 10 stock picks. Herc is a heavy equipment rental provider. The company generated total revenue of $2 billion in 2019 and owns $3.82 billion worth of equipment available for rent. Herc Holdings currently has a $2 billion market capitalization. It was able to deliver a 61.95% return in the past 12 months and settled at $73 per share at the closing of February 17th.
GAMCO Investors is the second-biggest shareholder of Herc, according to Insider Monkey’s database of hedge funds, with 3,310,353 shares worth $219.84 million.
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