Justin Bergner, CFA is a research analyst with Gabelli & Company covering Industrials - Building Products.
The above webcast is an excerpt from a CNBC broadcast that appeared on July 11, 2016. The webcast is made available by CNBC
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rated stock is one that in our view is trading at a meaningful discount to our estimated PMV. We could expect a more
modest private market value to increase at an accelerated pace, the discount of the public stock price to PMV to narrow
through the emergence of a catalyst, or some combination of the two to occur.
is a stock that may be trading at or near our estimated private market value. We may not anticipate a large increase in
the PMV, or see some other factors at work.
is a stock that may be trading at or above our estimated PMV. There may be little upside to the value, or limited
opportunity to realize the value. Economic or sector risk could also be increasing.
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