Billionaire Mario Gabelli’s 10 Large-Cap Stock Picks with Huge Upside Potential

6. The Walt Disney Company (NYSE:DIS)

Gamco Investors Equity Stake: $33.74 Million

Market Capitalization as of May 5: $166.52 Billion

Stock Upside Potential as of May 5: 36.13%

Number of Hedge Fund Holders: 108

The Walt Disney Company (NYSE:DIS) is a diversified media and entertainment giant known for its film studios, theme parks, and consumer products. It also offers streaming services through Disney+. The stock has been under pressure on President Trump threatening 100% tariffs on foreign-produced films. Amid the headwind, the stock has slid 16% year to date.

Amid the pullback, it is one of billionaire Mario Gabelli’s 10 large-cap stock picks with tremendous upside potential. Even as the company faces the tariff headwind, its underlying fundamentals remain strong. Disney’s streaming business has been growing at an impressive rate, with the Disney direct-to-consumer segment delivering positive income over the last three quarters. The unit is expected to generate $1 billion operating income in 2025.

The Walt Disney Company (NYSE:DIS) has felt the full brunt of declining linear TV, it continues strengthening its edge in the Experiences segment through its theme parks, cruise lines, and consumer products. The segment is home to the 10 most visited parks in the world, drawing more than 700 million fans every year. Likewise, it plans to spend $60 billion on the segment over the next decade to strengthen its competitive edge. On April 30, Loop Capital reiterated a Buy rating on the stock with a $120 price target buoyed by the company’s strong upcoming film lineup, which includes Avatar and Avengers.