Mario Gabelli Recommends Stocks

GAMCO investor discusses attractive companies

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Feb 26, 2016
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Mario Gabelli (Trades, Portfolio) told CNBC this morning he likes companies that will contribute to upkeep of decaying infrastructure, naming Gencor (GENC, Financial), Astec (ASTE, Financial), Xylem (XYL, Financial), Idex (IEX, Financial) and Ametek (AME, Financial). He compared the companies to Warren Buffett (Trades, Portfolio)'s Precision Castparts (PCP, Financial). Gabelli also thinks "peak auto" is nigh, but people will still need car parts, listing O'Reilly (ORLY, Financial), AutoZone (AZO, Financial) and Genuine Parts (GPC, Financial).