In this article we discuss Billionaire Mario Gabelli’s Top 5 Stock Picks. If you want to read our detailed analysis of GAMCO Investors’ founder Mario Gabelli’s investment philosophy and GAMCO’s performance, go to Billionaire Mario Gabelli’s Top 10 Stock Picks.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, the House passed a landmark bill decriminalizing marijuana. So, we are checking out this under the radar cannabis stock. We go through lists like the 11 best lithium stocks to buy now to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Our monthly newsletter’s stock picks returned 197% over the last 4 years. You can subscribe to our free daily newsletter on our homepage (or at the end of this article). Keeping this in mind let’s take a look at billionaire Gabelli’s top stock picks:
5. Navistar International Corporation (NYSE: NAV)
Navistar International Corporation owns and manufactures a variety of global brands of trucks and diesel engines. Recently, the holding company acquired its 2nd property in San Antonio in preparation for a plant launch in 2022. Navistar International is expected to invest $275 million for this project, creating over 650 new jobs in the region. NAV currently has a $4.3 billion market capitalization, and was able to deliver a 17.13% return in the past 12 months. It settled at $44.09 per share at the closing of February 17th.
GAMCO Investors owns 3,063,523 shares of Navistar International Corporation worth $134.67 million.