5 Undervalued Stocks Picked by Billionaire Gabelli

4. Textron Inc (NYSE:TXT)

Number of Hedge Fund Investors: 27

GAMCO’s Stake: $132M

Yet another industrial play in billionaire Gabelli’s portfolio, Textron Inc (NYSE:TXT) shares were upgraded in January to Conviction Buy from Buy by Goldman Sachs.

Goldman Sachs thinks Textron Inc (NYSE:TXT) is expected to see growth in its business-jet unit, whose brands include Cessna and Beechcraft.