5 Long-Term Stocks to Buy According to Billionaire Mario Gabelli

Page 1 of 5

In this article, we discuss the 5 long-term stocks to buy according to billionaire Mario Gabelli. If you want to read about some more stocks in the Gabelli portfolio, go directly to 10 Long-Term Stocks to Buy According to Billionaire Mario Gabelli.

5. Mueller Industries, Inc. (NYSE:MLI)

Number of Hedge Fund Holders: 19 

Mueller Industries, Inc. (NYSE:MLI) manufactures and sells copper, brass, aluminium, and plastic products. Latest data shows that GAMCO Investors owned more than 3 million shares of Mueller Industries, Inc. (NYSE:MLI) at the end of the second quarter of 2022 worth over $162 million, representing 1.77% of the portfolio. 

On July 18, Northcoast analyst Ryan Connors initiated coverage of Mueller Industries, Inc. (NYSE:MLI) stock with a Buy rating and a price target of $125, noting that the demand outlook appeared positive for the firm in the coming months. 

Page 1 of 5