12 Best Stocks to Buy According to Billionaire Mario Gabelli

Page 4 of 11

8. Sony Group Corp. (NYSE:SONY)

Position Weight / Position Value: 1.2% / $127.4 Million

Sony Group Corp. (NYSE:SONY) is the 8th-largest holding for GAMCO Investors, with a 13F investment value of $127.4 million as of the end of Q4 2025. The hedge fund reduced its position in Q4 to 4.98 million shares, down nearly 5% from 5.22 million shares in Q3 2025.

Sony Group Corp.’s (NYSE:SONY) shares have been volatile recently, declining 11% in the final quarter of 2025 after a 40% return in the first nine months of the year. Since the end of Q3 2025, the stock has tanked 25% through March 3, 2026, including a 16% fall in 2026 alone.

This was clearly highlighted in Gabelli’s Q4 2025 shareholder commentary, in which they characterized the stock as the top performance detractor for the quarter. The management team highlighted the various concerns that affected performance, including year-end profit-taking. They noted:

“Media consolidation may result in fewer buyers for its content, and problems in the game console and content supply chains could temper results.”

For context, the media consolidation referred to the proposed acquisition of Warner Bros. Discovery (NASDAQ:WBD). In a Bloomberg interview published on March 5, 2026, Mario Gabelli had argued that after losing the Warner Bros. battle, Netflix should be “knocking on Sony’s door” to tap Sony’s anime portfolio.

Despite the steep correction and concerns, the stock is currently a consensus Buy, with all 24 analysts covering it assigning a Buy or equivalent rating. With that, the consensus 1-year median price target of $32.73 implies a 51% potential upside.

Sony Group Corp. (NYSE:SONY) is a Japanese multinational conglomerate with businesses spanning entertainment, electronics, gaming, and financial services. The company is widely recognized for its PlayStation gaming platform, music and film production studios, and consumer electronics such as cameras and televisions.

Page 4 of 11