5 clues to find bank stock bargains, from two pros who consistently make money in the sector It often pay to buy stocks when everybody hates them. Given how fearmongers continue to warn of a banking disaster that is not likely to happen, the bank sector is a good place now to look for the unloved. […]
Category: Gabelli Funds
Gabelli Funds Portfolio Manager Macrae Sykes featured in MarketWatch
This Gabelli financial-fund manager has bucked this year’s brutal banking trend. Here are 3 stocks he likes now. What do Interactive Brokers Group Inc., American Express Co. and First Citizens BancShares Inc. have in common? They are all expected to increase their earnings more quickly than the S&P 500 SPX, -0.57% and all trade at much lower valuations, […]
Gabelli Funds Portfolio Manager Judith Raneri in The Wall Street Journal
Stocks Fall as Investors Digest Fed Rate Hike Stocks and government-bond yields sank after the Federal Reserve raised interest rates but signaled that further rate hikes might be limited. Read more here: https://www.wsj.com/articles/global-stocks-markets-dow-update-03-22-2023-a552669c
Gabelli Funds Portfolio Manager Timothy Winter in Forbes
Best Utility Stocks To Buy Now When investing, you could look toward something hot, trendy and of the moment. And you can score a win at times. But the best way for most investors to gain value is regular investment in solid companies that will perform year after year and keep a long-term perspective. Read […]
Gabelli Funds Portfolio Manager Ian Lapey featured in MarketWatch
If battered bank stocks look tempting now, these buying tips can help you cash in Bank stocks are tumbling in the wake of the failures of SVB Bank SIVB and Signature Bank SBNY ), but there are good reasons to make this contrarian investment. First, federal regulators have made clear they will support banks on the edge of trouble […]
Macrae Sykes of Gabelli Funds featured in Reuters
First Republic seeks new ways to escape unrealized losses First Republic Bank’s (FRC.N) efforts to secure a capital infusion continued without success on Tuesday, as the troubled regional lender started to plan for the possibility it may need to downsize or get a government backstop. Major banks and private equity firms have so far balked at offering […]
Gabelli Funds Portfolio Manager Tim Winter in US News and World Report
7 Best Water Stocks and ETFs to Buy The nation’s water infrastructure is aging and needs lots of investment. Public companies that make the investment can then expect to recoup it along with profits. “One of the driving growth theses for water to grow earnings is to invest in water infrastructure and earn attractive returns,” says Timothy […]
Gabelli Funds Investment Analyst Justin McAuliffe featured in Seeking Alpha
Costco is a top retail pick at Gabelli Funds Costco Wholesale Corporation (NASDAQ:COST) is the top pick for Gabelli Funds in the food retail sector. Analyst Justin McAuliffe pointed to Costco’s (COST) ability to do well in both stronger and weaker macro environments. Read more here: https://seekingalpha.com/news/3936395-costco-is-a-top-retail-pick-at-gabelli-funds