Mario Gabelli says that on the whole stocks currently do not have a “margin of safety”, and that he expects concern about the upcoming elections will soon begin to drive the markets. He does seem to see plenty of positives in corporate America, however, and tells CNBC that he expects renewed confidence in a lot [...]
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Tag Archives: Mario Gabelli
Gabelli Sees Strong Q1 Earnings, Margin of Safety for Market
April 8, 2010
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Mario Gabelli thinks that, with businesses sporting very healthy balance sheets and having cut costs, first-quarter earnings will look “very good”. Gabelli also tells CNBC that he thinks the market still has a margin of safety, though it’s not as big as it was a year ago. And he thinks equities will offer “very generous” [...]
Read moreGabelli likes Natural Gas, Auto Parts
January 22, 2010
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Gamco’s Mario Gabelli says he’s looking at natural gas firms and auto parts companies as we head into 2010. Gabelli tells CNBC that the U.S. is “tired of depending on the Middle East” for energy needs, and that companies like National Fuel & Gas can benefit from that sentiment. He also expects the auto industry [...]
Read moreBarron’s Roundtable: Gabelli, Zulauf Weigh In
January 18, 2010
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Barron’s has tapped a number of top strategists for its annual start-of-the-year “Roundtable” feature, with gurus such as Bill Gross, Mario Gabelli, and Abby Joseph Cohen offering their takes on where the market and economy are headed in 2010. And, overall, the outlook is positive. “Our crowd thinks the market could gain another 5% to [...]
Read moreGabelli Says “Plain Ol’ Stock Picking” Still Works
October 29, 2009
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In an interview with CNBC, GAMCO’s Mario Gabelli says the way to make money in a fairly flat market is by going back to “plain ol’ stock picking” — and says that the “new normal” will look a lot like the old normal. “It’s not the new normal — it’s the way it used to [...]
Read moreGabelli Sees Opportunities for Stock-Pickers
September 2, 2009
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Benjamin Graham disciple and deep value investor Mario Gabelli tells Bloomberg News that he’s focusing not on sectors or the broader market, as many strategists are, but instead at individual stocks that have strong potential for the next three or four years. And, he says he’s seeing a number of opportunities. Gabelli discusses potential plays [...]
Read moreGabelli, Grantham, Gross & Others Weigh In
June 2, 2009
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A number of top investment strategists offered their opinions about the market and the economy at the recent Morningstar Investor Conference in Chicago, including value fund star (and Benjamin Graham disciple) Mario Gabelli. Gabelli, whose ABC fund posted its first negative returns in 14 years last year — when it dropped just 2% — sees [...]
Read moreGabelli and Munger on the Economy, Markets
May 4, 2009
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“Woodstock for Capitalists” — the annual meeting of Warren Buffett’s Berkshire Hathaway — has been going on throughout the weekend in Nebraska, and Buffett’s comments have already made a lot of headlines. (More on those comments later today.) But Buffett isn’t the only one dishing out pearls of investment wisdom at the Omaha event. In [...]
Read moreBarron’s 2009 Roundtable Summary: Experts See Uncertain Times Ahead
January 12, 2009
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This is the first of three Barron’s Roundtable articles featuring some of the best and brightest in the investment industry. In general, these experts see more uncertainty in 2009, but think there are ample opportunities for good stock-picking strategies. Writes Barron’s Lauren R. Rublen, “The [roundtable] was rife with history lessons and warnings — and [...]
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