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Holly LaFon
Holly LaFon
Articles (9700)  | Author's Website |

Mario Gabelli Recommends Stocks

GAMCO investor discusses attractive companies

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

About the author:

Holly LaFon
I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.

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