Mario Gabelli, the billionaire who runs GAMCO Investors in New York, is one of the world’s most successful value investors. He recently revealed his most recent stock trading activity in the technology sector. Mario Gabelli, the millionaire who founded GAMCO Investors in New York, is regarded as one of the world’s most successful value investors. He recently revealed his most recent stock picks in the technology sector. GAMCO Investors hold roughly $18.5 million worth of Amazon.com, Inc. stock. At the end of 2020, the retail behemoth ranked 169th on the hedge fund’s holdings list. Over the last several months, GAMCO Investors has reduced its holdings in Apple Inc. by 3%. Gabelli’s hedge fund now owns 209,951 shares of Apple, valued at $25.6 million. Technology-related stocks account for more than 12% of the hedge fund’s investing portfolio.
Here is Insider Monkey’s list of the 10 best cheap tech stocks to buy according to Mario Gabelli. GAN Limited is a technology business situated in California that was created in 2002. According to Mario Gabelli, it is ranked eighth on the list of the top cheap tech stocks to purchase. GAN stock has recovered more than 11.5 percent for investors in the last week. Sirius XM Holdings Inc. is a New York-based firm that offers satellite radio transmission and Internet radio services. According to Mario Gabelli, it ranks ninth on the list of the ten greatest cheap tech stocks to purchase. In the last year, Sirius stock has returned more than 7.3 percent to investors. International Game Technology PLC is a gambling technology firm based in London that was created in 1990. According to Mario Gabelli, it is ranked eighth on the list of the ten greatest cheap tech stocks to purchase. Over the last twelve months, the stock has returned more than 187 percent to investors. KAR Auction Services, Inc. is a firm established in Indiana that specializes in providing used automobile internet marketing and auction services. According to Mario Gabelli, it ranks seventh on the list of the ten greatest cheap tech stocks to purchase. Over the last three months, KAR stock has returned more than 28% to investors. According to Mario Gabelli, The Gabelli Multimedia Trust Inc. is ranked sixth on the list of the ten best cheap tech stocks to purchase. The fund’s goal is to produce long-term capital growth by investing in multimedia-related stocks. It boasts a dividend yield of over 8%, making it a good choice for income investors. For more details, click 10 Best Cheap Tech Stocks to Buy According to Mario Gabelli.
