Mario Gabelli’s Top 5 Stock Picks

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

GAMCO Investors’ Stake Value: $145,081,531

Number of Hedge Fund Holders: 27

Mueller Industries, Inc. (NYSE:MLI) is an American manufacturer of copper, brass, aluminum, and plastic products. As of March 17, Mueller Industries, Inc. (NYSE:MLI) is trading at a PE multiple of 6x and has gained 14.45% over the past 6 months. The stock is one of Mario Gabelli’s top picks and his hedge fund has a stake worth $145 million in the company, as of December 31.

27 hedge funds were eager on Mueller Industries, Inc. (NYSE:MLI) at the end of Q4 2022. These funds disclosed positions worth $278.4 million in the company, up from $268.6 million in the previous quarter with 23 positions.

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