In a recent regulatory filing, Mario Gabelli, the billionaire owner of New York-based GAMCO Investors, revealed his top holdings. Gabelli is well-known for his impressive returns on value stocks. Gabelli’s hedge fund, GAMCO Investors, now owns 548,827 shares in The Walt Disney Company, which he founded more than four decades ago. Due to a four percent drop in activity on JPMorgan Chase & Co. stock over the last few months, the fund now owns 477,573 shares worth over $72 million in the financial services company.
Here is Insider Monkey’s list of the 10 best cheap stocks to buy according to billionaire Mario Gabelli. Team, Inc. is an engineering services company based in Texas that was founded in 1973. According to billionaire Mario Gabelli, it ranks tenth on the list of the ten best cheap stocks to buy. Over the last twelve months, Team stock has returned more than 73 percent to investors. Qurate Retail, Inc. is a media conglomerate headquartered in Colorado that was founded in 1991. According to billionaire Mario Gabelli, it is ranked ninth on the list of the ten best cheap stocks to buy. In the last year, Qurate stock has returned over 190 percent to investors. Hewlett Packard Enterprise Firm is a multinational technology company headquartered in Texas that was formed in 1939. According to billionaire Mario Gabelli, it ranks eighth on the list of the ten greatest cheap stocks to purchase. Over the last year, Hewlett-Packard stock has returned more than 64% to investors. MSG Networks Inc. is a regional cable and satellite television network based in New York that was created in 1969. According to billionaire Mario Gabelli, it is ranked seventh on the list of the ten greatest cheap stocks to purchase. During the past year, MSG stock has returned more than 24% to investors. Modine Manufacturing Company is a thermal management company situated in Wisconsin that was formed in 1916. According to billionaire Mario Gabelli, it ranks sixth on the list of the ten greatest cheap stocks to purchase. In the last year, Modine stock has returned more than 223 percent to investors. For more details, click 10 Best Cheap Stocks to Buy According to Billionaire Mario Gabelli.
