In recent months, even value investors have jumped on board the growth train. Mario Gabelli’s hedge fund manages more than $11.7 billion in assets. Technology stocks have exploded in value over the last year or so, owing mostly to the epidemic. GAMCO Investors has a 13.4% turnover rate, and Gabelli has received numerous awards during his long career on Wall Street. GAMCO has an exceptionally varied portfolio, and in the second quarter of 2021, the investor decreased holdings in almost 400 stocks.
Here is Insider Monkey’s list of the 10 technology stocks to buy according to Mario Gabelli. Take-Two Interactive Software, Inc. is the eighth best technology stock to purchase. According to 13F filings, GAMCO Investors owned 78,959 shares in the firm valued at $13 million at the end of the second quarter of 2021. Facebook, Inc. is ranked ninth. Several social media sites are owned and managed by the corporation. GAMCO Investors had 48,677 shares in the company worth $16 million at the end of June 2021, according to securities records. Intel Corporation is a California-based company that sells crucial smart-device technologies. It is ranked eighth on Mario Gabelli’s list of ten technology stocks to buy. The company’s margins are high, although the second half of the year is projected to see some compression. Hewlett Packard Enterprise Company is a technology hardware, storage, and peripherals company based in Texas. According to Mario Gabelli, it is ranked seventh on the list of ten technology stocks to purchase. At the end of June 2021, GAMCO Investors owned 1.4 million shares worth $20 million. Amazon.com, Inc. is ranked sixth on Mario Gabelli’s list of ten technology stocks to purchase. According to the most recent statistics, GAMCO Investors owned 7,795 shares in the firm valued at $26 million at the end of the second quarter of 2021. For more details, click 10 Technology Stocks To Buy According To Mario Gabelli.
