5 New Stock Picks of Billionaire Mario Gabelli

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In this article, we discuss the 5 new stock picks of billionaire Mario Gabelli. If you want to read our detailed analysis of these stocks, go directly to the 10 New Stock Picks of Billionaire Mario Gabelli.

5. Compass Diversified (NYSE:CODI)

Number of Hedge Fund Holders: 4     

Compass Diversified (NYSE:CODI) is a private equity firm based in Illinois. Regulatory filings show that GAMCO Investors owned 62,010 shares in the company at the end of the third quarter of 2021 worth over $1.7 million, representing a very small portion of the portfolio. 

Oppenheimer analyst Mitchel Penn recently initiated coverage of Compass Diversified (NYSE:CODI) stock with a Perform rating and a price target of $32. The firm beat market expectations on earnings for the third quarter.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Royce & Associates is a leading shareholder in Compass Diversified (NYSE:CODI) with 1.1 million shares worth more than $32 million. 

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