Boeing 2025 recovery depends on production reform: Portfolio mgr.
Bancroft emphasizes that Boeing”s priorities should lie in restoring safe and efficient production operations. ‘I think as long as you”re seeing the trajectory going positive
Gold prices touch their lowest level in over a month
“The Fed is wrestling with sticky prices and an economy which is showing signs of slowing down,” Chris Mancini, portfolio manager at Gabelli Funds.
Pfizer Sets Up For A Wild Ride In 2025 Amid Looming Threats From Starboard, Kennedy
In mid-November, Pfizer appointed Chris Boshoff as chief scientific officer, taking over for Mikael Dolsten, who announced his departure in July. Boshoff is currently Pfizer”s chief oncology officer. But the appointment is likely to do little to satisfy Starboard, said Jeff Jonas, of Gabelli Funds.
Alphabet Ends 2024 on High With Help From Quantum Tech Leap
“We would use any antitrust-related volatility as a buying opportunity since it continues to have strong growth prospects,” said Hanna Howard, a portfolio manager at Gabelli Funds. Alphabet is “constantly innovating, and we should start to see returns from the investments it has been making.”
Exclusive: Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk
While a 25% hit to $1.6 billion in sales would amount to $400 million, tariffs are usually based on import value rather than sales prices. Companies would also take actions to mitigate the tariff impact, such as hiking prices, said Joseph Gabelli, a portfolio manager at Diageo investor Gabelli Funds.
BlackRock’s private markets push may not be over after 2024 buyout spree
For Mac Sykes, portfolio manager for BlackRock investor Gabelli Funds, HPS was not BlackRock”s last foray into acquisitions but the company is under no pressure to do more deals. ‘I see them as being opportunistic with a high bar. They are smart capital allocators
Why investing in midcaps may be the way to go in 2025
“Our fundamental view on mid-caps is that we want to invest in companies that do all the hard work for us, essentially, and own them for a long period of time,” said Thomas Browne, portfolio manager at Keeley Teton Advisors who runs a small-cap and midcap fund. “From a near-term perspective, we think mid-caps are […]
11 Undervalued Aerospace Stocks To Buy According to Hedge Funds
While sharing his insights on commercial aviation at the Morningstar Investment Conference in Chicago in June, Tony Bancroft from Gabelli Funds stated that he had noticed a significant growth in aircraft orders, with two major manufacturers having a 12-year backlog of orders.
Intel’s Lack of a Clear Plan Makes Wall Street Even More Bearish
“I thought Gelsinger was the best-possible CEO for Intel. He was the strongest candidate to execute the company’s turnaround,” said Hendi Susanto, a portfolio manager at Gabelli Funds. “I can’t really come up with a list of candidates who have strong manufacturing backgrounds. It is a herculean task.”
Dow drops more than 200 points, S&P 500 retreats from record as big payrolls report looms: Live updates
“The problem you have is that valuations are stretched across the board,” said Keeley Teton portfolio manager Brian Leonard in an interview with CNBC. “You’re sitting at records, but there’s not a lot of enthusiasm or euphoria. Historically, when the records happened, the valuations were more reasonable.”
Intel’s Next CEO? Why Apple, TSMC, Marvell Executives Could Be in the Mix.
“There is no list of strong candidates when it comes to fixing and advancing Intel’s manufacturing technology…No one outside of TSMC and Samsung have successfully dealt with billions of dollars of advanced manufacturing nodes and fabs,” said Hendi Susanto, portfolio manager at Gabelli Funds.
NFL Punches Above Its Weight Class in the Private Equity Market
“Sports moves the needle,” says Michael Galatioto, senior vice president at GAMCO Asset Management, who focuses on sports investments. Football has a popular hold on U.S. culture, and the NFL has valuable assets, such as broadcast rights, he adds.