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☆ Gabelli Funds' Kevin Dreyer offers his 'underfollowed and unloved' stock picks
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGabelli Funds' Kevin Dreyer offers his 'underfollowed and unloved' stock picksKevin Dreyer, Gabelli Funds co-CIO, joins 'Closing Bell' to discuss opportunity plays outside of mega-cap tech.

Persons: Kevin Dreyer Organizations: Gabelli

☆ These stocks are trying to solve a major shortcoming of weight loss drugs: Shrinking muscle mass
▼ + stars: | 2023-10-22 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +9 min

One of the downsides of taking new anti-obesity medications is that patients tend to lose lean muscle mass along with body fat. "This is a major shortcoming in terms of not just quality of life for the patients who have to lose lean muscle mass, but there's actually room to improve on the weight loss and there [are] other metabolic benefits to improving your lean muscle mass ... [including] you might have better durability of weight loss." The drug is being tested in a phase 2b study alongside semaglutide to protect against loss of muscle mass. Until then, patients will need to watch what they eat and focus on exercise just as they would on any other weight loss regimen. When that occurs, muscle loss will be an even bigger issue than it is now.

Persons: Piper Sandler, Allison Bratzel, there's, Bratzel, Versanis, Eli Lilly, Eli Lilly's Mounjaro, they're, Lydia Alexander, Alexander, Sandler's Bratzel, incretins, Biohaven, Nestle, Ulf Mark Schneider, Jeff Jonas, Jonas, Stephens, Jim Salera, Atkins, Morgan Stanley, — CNBC's Michael Bloom Organizations: Wall, Nordisk's Ozempic, Obesity Medicine Association, Bristol Myers Squibb, Nestle, Gabelli, Quest, Foods Locations: Swiss

☆ Gabelli Funds' Chris Marangi on why he's investing in consumer-facing stocks
▼ + stars: | 2023-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGabelli Funds' Chris Marangi on why he's investing in consumer-facing stocksChris Marangi, Co-CIO of Value at Gabelli Funds, discusses how he's investing in the markets.

Persons: Chris Marangi Organizations: Funds

☆ Banks seeing a divergence between stock performance and business performance: Gabelli's Ian Lapey
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks seeing a divergence between stock performance and business performance: Gabelli's Ian LapeyIan Lapey, Gabelli Portfolio Manager, joins 'Closing Bell Overtime' to talk U.S. Bancorp earnings results, the financial sector's performance and more.

Persons: Ian Lapey Ian Lapey Organizations: Gabelli, U.S, Bancorp

“They tend to close in these neighborhoods regardless of whether or not there is another pharmacy nearby,” Qato said. Closings can create so-called “pharmacy deserts,” or neighborhoods without easy access to a drugstore. “It’ll kind of worsen the problem of pharmacy deserts and disparities in pharmacy access,” Qato said. She noted that patients who lose drugstore access are less likely to stay on their regular prescriptions, and that can affect their health. Jonas said drugstores do want to help with pharmacy access, but the economics still need to work for these companies.

Persons: Dima Qato, ” Qato, Jeff Jonas, Jonas, drugstores, ”, Ted Shaffrey Organizations: East, Street, University of Southern, Gabelli Funds, Rite Aid, Associated Press, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: West, University of Southern California, Philadelphia, Virginia

☆ Citigroup stock is a great value, says Gabelli's Ian Lapey
▼ + stars: | 2023-10-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCitigroup stock is a great value, says Gabelli's Ian LapeyIan Lapey, portfolio manager of the Gabelli Global Financial Services Fund, joins "Power Lunch' to discuss portfolio positioning in the financials sector and the top stocks to watch.

Persons: Ian Lapey Ian Lapey Organizations: Citigroup, Global Financial Services Fund

☆ As Hollywood strikes press on, Wall Street weighs in on the outlook for TV, streaming stocks
▼ + stars: | 2023-09-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

At the same time, legacy media companies face off against another well-known demon: cord-cutting. Technology companies such as Apple and Amazon can lean on their respective hardware and e-commerce businesses, said Paul Fanelli, a research analyst at Gabelli Funds. Even so, Wall Street sees only a handful of pure-play winners in the TV and streaming space winning consumer attention over the long run. Already, the technology companies have shown some promise. Consumers are increasingly forgoing pay TV packages from cable companies and opting for bundles from companies like Alphabet, he said.

Persons: Rosenblatt, Barton Crockett, It's, Netflix's, Ken Leon, Hollywood's, Leon, Jamie Lumley, Paul Fanelli, it's, Apple's, Amazon's, That's, Needham, Laura Martin, Martin, —, John Hodulik, CNBC's, bode, Crockett, NBCUniversal's Peacock, Brandon Nispel, Nispel, Disney's hasn't, Fanelli, that's Organizations: Netflix, Apple, Paramount, Sky, Third, Gabelli, Warner, UBS, ESPN, Fox, NFL, Hulu, YouTube, KeyBanc, Comcast, Disney, Warner Bros, Max, DIS, Rosenblatt, ABC, Nexstar, CNBC Locations: France, United Kingdom

☆ After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability
▼ + stars: | 2023-09-19 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

Entelis, Moseley, Sherling and Leavy all plan to stay at CNN as Thompson takes over as CEO, according to people familiar with the matter. Programming CNN MaxBefore joining The New York Times, Thompson was director-general — a combination of chief executive and editor-in-chief — of the British Broadcasting Corporation. He'll have a chance to develop new shows at CNN Max, a tab in Warner Bros. With CNN Max, Thompson will try to program for a younger audience. Thompson will have some runway to invest in CNN Max.

Persons: Brandon Bell, Mark Thompson, Thompson, Donald Trump, Entelis, CNN hasn't, Licht, Jeff Zucker, Andrew Morse, CNN Max, CNN's, —, Zucker, Jason Kilar, Max, JB Perrette, Gabelli's Kevin Dreyer Organizations: CNN, Getty, Licht, Warner Bros . Discovery, Republican, The New York Times, Times, New York Times, CNN.com, Athletic, British Broadcasting Corporation, Warner Bros, U.S, Variety, Disney Locations: Atlanta , Georgia, Thompson's, Moseley, Sherling

☆ There's a definite cost advantage for Tesla using non-union plants, says Gabelli's Brian Sponheimer
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a definite cost advantage for Tesla using non-union plants, says Gabelli's Brian SponheimerBrian Sponheimer, Gabelli Funds Portfolio Manager, joins 'Closing Bell Overtime' to talk the impact of the UAW strike on auto stocks, where Tesla gets an advantage and more.

Persons: Brian Sponheimer Brian Sponheimer, Tesla Organizations: UAW

☆ Marangi: Invest in sectors where companies can create competitive moats
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarangi: Invest in sectors where companies can create competitive moatsChris Marangi, Co-CIO of Value at Gabelli Funds, discusses where he's investing in the markets.

Persons: Chris Marangi Organizations: Funds Locations: Invest

☆ Defense spending will likely increase going forward, says Gabelli Funds' Tony Bancroft
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense spending will likely increase going forward, says Gabelli Funds' Tony BancroftTony Bancroft, Gabelli Funds Portfolio Manager, joins 'Closing Bell Overtime' to talk the aerospace sector, government spending and more.

Persons: Tony Bancroft Tony Bancroft Organizations: Email Defense

Weak mobile demand during a global economic slowdown has caused Arm's revenue to stagnate. The future growth driver is to expand market share in the Windows PC market," said Ryuta Makino, a research analyst at Gabelli Funds. ARM China has a history of late payments and presents "significant risks" to Arm's business, the company's IPO filing said. Arm said in the filing that it was owed $386.9 million by Arm China as of the end of March. Arm's chief financial officer has told investors during the marketing of the IPO that the company was not concerned about being paid back.

Persons: Dado Ruvic, Rene Haas, Ryuta Makino, Arm, Echo Wang, Svea, Bayliss, Max Cherney, Greg Roumeliotis, Richard Chang Organizations: REUTERS, Arm Holdings, stagnate, Vision Fund, Apple Inc, Nvidia Corp, Inc, Apple, Windows, Gabelli, Sales, ARM, Arm, Svea Herbst, Thomson Locations: China, United States, Arm China, ARM China, New York, San Francisco

Overall U.S. banks' cash assets were $3.26 trillion as of Aug. 23, up 5.4% from the end of 2022. The SVB failure triggered a sudden dash for cash at banks, which within two weeks had bulked up cash assets to $3.49 trillion, the highest level since April 2022. It has $420 billion in cash and $990 billionof what it calls high quality liquidity assets and other unencumbered securities, it said. "The good news is for some of these banks re-investing cash is that we have pretty high short-term rates," said Mac Sykes, portfolio manager at Gabelli Funds. "It's definitely opportunistic and advantageous to be investing short-term securities."

Persons: Carlo Allegri, David Fanger, Moody's, Brendan Browne, Manan Gosalia, Morgan Stanley, Peter Marshall, Mac Sykes, Saeed Azhar, Ann Saphir, Niket, Megan Davies, Nick Zieminski, Richard Chang Organizations: Bank of America, REUTERS, FRANCISCO, Silicon Valley Bank, Signature Bank, Federal, Graphics, Reuters, JPMorgan, Federal Reserve, Regulators, FDIC, Gabelli, Thomson Locations: Manhattan, New York City , New York, U.S, Silicon

☆ A co-investment chief at billionaire investor Mario Gabelli's firm shares 3 stocks with strong pricing power he's betting on as inflation remains sticky — including one that could surge 53%
▼ + stars: | 2023-08-25 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

In such an environment, pricing power is crucial to a firm's success, says Kevin Dreyer. One of the qualities that makes a company attractive to them is strong pricing power: being able to hold prices steady in tough times or even raise them as inflation surges. "I don't tend to think of private label firms as having the best pricing power out there, but that said, what Treehouse has done is pretty unique," he said. The third firm Dreyer talked about was BellRing Brands (BRBR), which owns protein snack brands like PowerBar and Premier Protein. Dreyer also thinks they're a good candidate to be acquired by a larger firm at a premium.

Persons: Kevin Dreyer, Mario Gabelli, Dreyer, Captain Morgan, Don Julio, Baileys, Johnnie Walker, they'll, " Dreyer, they're Organizations: Funds, Diageo, BellRing Brands, Diageo Brands, Guinness, Scotch Whiskey Association, Treehouse Foods, PowerBar Locations: North, South America, India, France

☆ Hawaii's ability to work with Hawaiian Electric 'crucial' to value long-term: Gabelli Fund's Winter
▼ + stars: | 2023-08-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHawaii's ability to work with Hawaiian Electric 'crucial' to value long-term: Gabelli Fund's WinterTim Winter, portfolio manager at Gabelli Funds, joins 'Squawk on the Street' to discuss the reasoning behind Hawaiian Electric's stock bounce, the criticisms the company is facing, and more.

Persons: Tim Winter Organizations: Hawaiian Electric, Gabelli

☆ Billionaire investor Mario Gabelli: We want to buy good companies with good management & valuations
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Mario Gabelli: We want to buy good companies with good management & valuationsMario Gabelli, GAMCO Investors chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, state of the banking industry, merger & acquisitions, media landscape, and more.

Persons: Mario Gabelli Organizations: Billionaire, GAMCO

☆ Watch CNBC’s full interview with billionaire value investor Mario Gabelli
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with billionaire value investor Mario GabelliMario Gabelli, GAMCO Investors chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, state of the banking industry, merger & acquisitions, media landscape, and more.

Persons: Mario Gabelli Mario Gabelli Organizations: GAMCO

☆ Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor's biggest bets. Here are their 10 best quotes.
▼ + stars: | 2023-05-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Five experts on Warren Buffett's Berkshire Hathaway spoke ahead of this year's annual meeting. Mario Gabelli, John Rogers, Chris Bloomstran, Adam Mead, and Todd Finkle discussed the conglomerate. Todd Finkle, the author of "Warren Buffett: Investor and Entrepreneur," emphasized the unique nature of Berkshire's yearly gathering, which attracts tens of thousands of people from around the world. Meanwhile, Adam Mead, the author of "The Complete Financial History of Berkshire Hathaway," touted the underlying value of Berkshire Hathaway Energy, and the savvy structure of Buffett's conglomerate. "Berkshire Hathaway Energy is going to become a powerhouse over the next decade.

☆ Billionaire investor Mario Gabelli: If I'm a politician, I'd be concerned about mortgages
▼ + stars: | 2023-05-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Mario Gabelli: If I'm a politician, I'd be concerned about mortgagesMario Gabelli, chairman and CEO of Gamco Investors, joins 'Squawk Box' ahead of the market open on Friday to break down the market, the banking turmoil, and more.

☆ 2 JPMorgan buys First Republic Bank's assets
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +6 min

May 1 (Reuters) - JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, said on Monday it will buy most of First Republic Bank's (FRC.N) assets after U.S. regulators seized the troubled bank. low single digits), strategically consistent (US wealth expansion), and system friendly - FDIC loss of only $13B (<est. "First, as with the GFC (Global Financial Crisis,) this once again shows the value of a fortress balance sheet. "Assets such as the U.S. dollar and Japanese yen will be on the radar as traders look for an asset of safety. Still, unlike Silicon Valley Bank and Signature Bank, the FDIC had a buy waiting in the wings.

☆ Mario Gabelli ranks these old media stocks among the best trades he’s ever made. Here's why
▼ + stars: | 2023-04-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

A simple focus on what is now a well-known phenomenon helped Mario Gabelli execute what he calls some of the best trades in his decades-long career. One of those companies, Chris-Craft, was eventually bought by News Corp. for $5.5 billion in the early 2000s. It was an investment on which Gabelli said he made at least 10 times his original stake. The other money-making trade, on the now defunct Lin Broadcasting, was one Gabelli said he made a "significant amount of money" on. "It basically became EBITDA minus capex, and that notion has gotten pretty far along in the last 40 years," he said.

☆ These are investor Mario Gabelli's favorite value stocks
▼ + stars: | 2023-04-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Billionaire investor Mario Gabelli is finding some value buying opportunities in this murky macroenvironment. Due to its reasonable balance sheet, solid management and defense tailwinds, Gabelli said investors can make 50% on their investment in two years' time. Finally, Gabelli highlighted Grupo Televisa SAB , a Latin American media company based in Mexico. In 2021, Grupo Televisa agreed to sell its media and content division in a deal valued at $4.8 billion, while maintaining a stake in the newly formed TelevisaUnivision. A potential public offering in the next year and a half should also benefit Grupo Televisa, now trading under $5 a share, Gabelli said.

☆ Backlog in demand for housing and cars can benefit investors, says Gamco's Mario Gabelli
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBacklog in demand for housing and cars can benefit investors, says Gamco's Mario GabelliMario Gabelli, chairman and CEO of Gamco Investors, joins 'Power Lunch' to discuss the strength of consumer balance sheets, the economic threat of China's reopening, and a backlog in demand for automobiles and housing.

☆ Watch CNBC's full interview with Gamco Investors' Mario Gabelli on markets and media stock picks
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Gamco Investors' Mario Gabelli on markets and media stock picksMario Gabelli, chairman and CEO of Gamco Investors, joins 'Power Lunch' to discuss the strength of consumer balance sheets, the economic threat of China's reopening, and a backlog in demand for automobiles and housing.

☆ First Republic seeks new ways to escape unrealized losses
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +5 min

March 21 (Reuters) - 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. Bloomberg News reported U.S. officials and Wall Street leaders seeking to aid First Republic were exploring the possibility of government backing that would help overcome the issue of the bank's unrealized losses. JPMorgan is advising First Republic on its options to raise capital from investors, a source familiar with the situation previously said. "There are a number of factors lifting the (financial) stocks, including the comments by Yellen. "We believe First Republic remains in crisis," said Jason Benowitz, senior portfolio manager at CI Roosevelt.

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