Health Care Roundup: Market Talk
Johnson & Johnson’s fiscal 2025 sales guidance accounted for a 2% headwind to revenue from foreign currency translation, which apparently wasn’t fully modeled by Wall Street analysts, Jeff Jonas of Gabelli Funds says in a note.
Netflix’s Bull Case Gets Helping Hand From Beyoncé, Mike Tyson
But market players remain upbeat. “If it doesn’t perform as people are expecting and the stock comes down a little bit, that would probably be a buying opportunity,” said Hanna Howard, a portfolio manager at Gabelli Funds.
Golden Entertainment, Wynn Resorts Tipped for Success, Says Analyst
Besides the optimistic forecast about the two companies, Mario Gabelli, Gabelli Funds” CEO and chairman, also mentioned about Fox as one of his picks for this year
Gabelli Bullish on Golden Entertainment, Wynn Resorts
Gabelli was one of five panelists that doled out 34 investment ideas for this year and he was the only member of that quintet to highlight gaming stocks. He mentioned the royalty payments Golden Entertainment receives from the sale of its route business to J&J Gaming and the operator’s property holdings as potential catalysts for […]
Banks Are Booming, But Keep an Eye on the Consumer
Mac Sykes, a portfolio manager with Gabelli Funds, said in an email that “over the next three years, the outlook for banks is quite extraordinary.” Sykes runs the Gabelli Financial Services Opportunities ETF, which owns Wells Fargo, Bank of America, and JPMorgan Chase as top holdings.
Nvidia, Smucker, Muni Bonds, and 31 Other Investment Ideas From Our Roundtable Pros
Mario Gabelli: Sports teams have been allowed to sell stakes to private-equity funds. Outsiders such as private equity can own up to 30% of a Major League Baseball team, 30% of a National Hockey League or National Basketball Association team, and 10% of a National Football League team.
It’s Not Just Utilities Feeling the Heat From California Wildfires
Shares of utilities with California holdings, including Edison International (ticker: EIX), PG&E Corp. (PCG) and Sempra (SRE), have declined on concerns over several Southern California wildfires, says Tim Winter, portfolio manager of Gabelli Utilities Fund (GABUX).
Massive mining sector shakeup: Bloomberg reports Rio Tinto and Glencore in preliminary deal talks
“High-grade single-asset companies look good for acquisition targets,” said Chris Mancini, associate portfolio manager of the Gabelli Gold Fund (GOLDX) at Gabelli Funds, in a recent interview with Kitco News.
Bank of America sees revenue rise across the board in upbeat sign for year ahead
Mac Sykes, a portfolio manager at Gabelli Funds, said Bank of America’s fourth-quarter results were solid, as business prospects for the firm and other big banks remain bright for the coming three years.
Morgan Stanley and Bank of America report robust Q4 earnings
Mac Sykes, Gabelli Funds portfolio manager, joins Morning Brief to discuss earnings season and the banks’ surge in quarter four. Sykes discusses the favorable environment for banks today.
https://finance.yahoo.com/news/stock-playbook-for-trumps-second-term-top-sector-winners-and-losers-153016808.html
Gabelli Funds portfolio manager Mac Sykes expects lighter oversight of the banking industry to be a catalyst for the group, telling Yahoo Finance that deregulation will “benefit the banks.”
Health-Care Investors Bank on Congress Snarling RFK Jr.’s Plans
In particular, obesity drugmakers aren’t likely to experience any disruption under the Trump administration, according to Jeff Jonas, a portfolio manager at Gabelli Funds. Seniors should continue to get access to GLP-1s like Ozempic, and Medicare is likely to cover the drugs to treat different co-morbidities once the medications get the go-ahead beyond their existing […]