Why Medtronic Just Undercut Its Buy Zone With A 7% Drop
Jeff Jonas, portfolio manager at Gabelli Funds, was surprised at the magnitude of Medtronic”s stock drop. Shares fell more than 7% to 85.96. ‘I don”t see the inventory issue as a big deal
Paramount merger with Skydance gets approval from SEC
Gabelli Funds, which is the largest owner of Class A shares of Paramount outside of Redstone herself, is also suing for more information on the transaction.
Gold gains as tariff concerns lift prices toward a fresh record high
The countries who are the subject of tariffs and potential punitive tariffs will try to diversify out of dollars and into another asset in terms of their reserve currency
Strength of diversification highlighted by DeepSeek drama
John Belton, PM on growth portfolio at Gabelli Funds and the GGRW ETF agrees that concerns about DeepSeek may have gone too far. “DeepSeek did achieve some exciting engineering breakthroughs which will help other AI labs build models more efficiently. But many headline figures associated with these breakthroughs are misleading’”,,1,2025-02-14 14:35:19.179956,2025-02-14 14:35:19.179956,,,0,Gill Wadsworth 652,New York […]
Glass Lewis backs all 3 Barington nominees in Matthews International fight
GAMCO Asset Management, which owns 4.39% of Matthews, said last month that it plans to back the company”s nominees this year but added that it may submit a shareholder proposal on corporate governance next year if improvements are not made.
Defense stocks could be caught between Trump’s trade war and big military spending plans
The scale and technology of U.S. weapons systems does make it hard for countries to shop elsewhere, outside of small contracts here and there, said Tony Bancroft, a portfolio manager at Gabelli.
The world isn’t close to breaking free from coal — in some countries, demand for it is surging
“The U.S., China and the world are in a race for AI superiority,” said Tim Winter, portfolio manager at Gabelli Funds. AI data centers are huge power users, making it harder to retire a reliable and affordable energy source such as coal, he explained.
Honeywell to break up in latest corporate split after pressure from activist investor
Tony Bancroft, a portfolio manager at Gabelli Funds which holds Honeywell’s shares, said the aerospace and automation businesses could be valued at $104 billion and $94 billion, respectively, but cautioned it could take time for the market to realize the value.
Disney boosted by strong showing at holiday box office
But the company expects a “modest decline” in Disney+ subscribers in the current quarter, which raised some concerns among investors. In a call with investors, Disney executives said they were investing in the technology underpinning the streaming service. This should help it add and retain subscribers, said Hanna Howard, a portfolio manager at Gabelli Funds.
Pfizer’s Covid Products Drove Its Fourth-Quarter Upside. But Is It Sustainable?
Daniel Barasa described the quarter as ‘pretty uneventful.’” Barasa
MicroStrategy’s Financial Gambit Hits a Bump With New Stock Deal
“I can’t remember the last time I saw something priced this low,” said James Dinsmore, a portfolio manager focused on convertible securities at Gabelli Funds Inc. “Obviously there was some pushback on the initial pricing.”
8 Most Profitable Bank Stocks To Buy According to Analysts
Yahoo reported that Gabelli Funds portfolio manager Mac Sykes thinks that the deregulation will benefit the banks and that he forecasts lighter oversight of the banking market as a catalyst for the group.