Latest news with #GAMCO
Yahoo
15-05-2025
- Business
- Yahoo
Mario Gabelli's Strategic Moves: Significant Reduction in Patterson Companies Inc.
Mario Gabelli (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Mario J. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University's College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business and honorary doctorates from Fordham University and Roger Williams University. Gabelli serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, the Foundation for Italian Art & Culture and is a Trustee of the Winston Churchill Foundation of the United States and of the E.L. Wiegand Foundation. He was Morningstar's Portfolio Manager of the Year in 1997. He was named Money Manager of the Year by Institutional Investor for 2011 and is a member of Barron's All Star Century Team. Gabelli's GAMCO Asset Management is credited by the academic community with establishing the Private Market Value with a Catalyst investment philosophy and applying this to the analysis of public equity securities. The fund's investment approach utilizes fundamental, bottom-up research to identify securities selling below their intrinsic value. GAMCO seeks to identify mispriced companies with strong businesses and the presence of a catalyst that will create value. Warning! GuruFocus has detected 2 Warning Sign with MLI. Mario Gabelli (Trades, Portfolio) added a total of 27 stocks, among them: The most significant addition was Intra-Cellular Therapies Inc (ITCI), with 38,100 shares, accounting for 0.06% of the portfolio and a total value of $5,026,150. The second largest addition to the portfolio was Accolade Inc (NASDAQ:ACCD), consisting of 220,000 shares, representing approximately 0.02% of the portfolio, with a total value of $1,535,600. The third largest addition was Dun & Bradstreet Holdings Inc (NYSE:DNB), with 110,000 shares, accounting for 0.01% of the portfolio and a total value of $983,400. Mario Gabelli (Trades, Portfolio) also increased stakes in a total of 249 stocks, among them: The most notable increase was Rogers Corp (NYSE:ROG), with an additional 74,025 shares, bringing the total to 190,150 shares. This adjustment represents a significant 63.75% increase in share count, a 0.05% impact on the current portfolio, with a total value of $12,840,830. The second largest increase was Arthur J. Gallagher & Co (NYSE:AJG), with an additional 10,649 shares, bringing the total to 23,476. This adjustment represents a significant 83.02% increase in share count, with a total value of $8,104,850. Mario Gabelli (Trades, Portfolio) completely exited 45 holdings in the first quarter of 2025, as detailed below: Summit Materials Inc (SUM): Mario Gabelli (Trades, Portfolio) sold all 182,800 shares, resulting in a -0.1% impact on the portfolio. Revelyst Inc (NYSE:GEAR): Mario Gabelli (Trades, Portfolio) liquidated all 512,939 shares, causing a -0.1% impact on the portfolio. Mario Gabelli (Trades, Portfolio) also reduced positions in 392 stocks. The most significant changes include: Reduced Patterson Companies Inc (NASDAQ:PDCO) by 625,707 shares, resulting in an -86.51% decrease in shares and a -0.2% impact on the portfolio. The stock traded at an average price of $31.04 during the quarter and has returned 1.23% over the past 3 months and 1.52% year-to-date. Reduced Sunrise Communications AG (NASDAQ:SNRE) by 363,313 shares, resulting in an -82.1% reduction in shares and a -0.16% impact on the portfolio. The stock traded at an average price of $46.86 during the quarter and has returned 13.60% over the past 3 months and 24.07% year-to-date. At the first quarter of 2025, Mario Gabelli (Trades, Portfolio)'s portfolio included 829 stocks, with top holdings including 2.23% in Mueller Industries Inc (NYSE:MLI), 2.22% in GATX Corp (NYSE:GATX), 1.97% in Crane Co (NYSE:CR), 1.69% in Sony Group Corp (NYSE:SONY), and 1.61% in Herc Holdings Inc (NYSE:HRI). The holdings are mainly concentrated in 11 industries: Industrials, Consumer Cyclical, Communication Services, Financial Services, Technology, Consumer Defensive, Healthcare, Basic Materials, Energy, Utilities, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Atlanta Braves Holdings, Inc. (BATRK): Among Billionaire Mario Gabelli's Small-Cap Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Mario Gabelli's 10 Small-Cap Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Atlanta Braves Holdings Inc. (NASDAQ:BATRK) stands against other small-cap stock picks with huge upside potential. Mario J. Gabelli founded Gabelli Asset Management Company in 1977. The firm is now called GAMCO Investors and is an American firm headquartered in New York. It specializes in providing investment advice and brokerage services to mutual funds, institutional clients, and select investors. It is majority-owned by Mario Gabelli, who is the Chairman and CEO of it. GAMCO Investors includes two businesses: GAMCO Asset Management, with institutional and separate accounts; and Gabelli Funds. The last reported 13F filing for Q4 2024 included $9.55 billion in managed 13F securities and a top 10 holdings concentration of 16.81%. Gabelli stayed true to the principles of value investing and used a solid base created by Warren Buffett and Ben Graham, while adding some of his elements to the mix. He believes that value investing isn't focused on short-term market movements. He looks for the ignored and unloved companies that nobody covers for whatever reason, with a good business, solid management, and a good price. As January was ending, Gabelli joined 'Squawk Box' on CNBC to discuss a range of topics. He explained how the stock market's performance is tied to company earnings, revenue growth, gross margins, expenses, and taxes, but most importantly to the market multiple, which is influenced by interest rates. These are shaped by debt, deficits, and overall confidence. Gabelli also mentioned that strategic corporate M&A was returning after a freeze caused by regulatory uncertainty and some failed deals. Activist investors are also seeking greater visibility and pushing for changes at companies. He argued against reducing the corporate tax rate below 21% but advocated for a minimum tax on a cash basis. He called for the restoration of 100% bonus depreciation, which would allow businesses, such as farmers, to fully write off new equipment purchases immediately, thereby encouraging investment in technologically advanced machinery. Gabelli mentioned that similar incentives should apply to capital expenditures in sectors like cable and referenced comments from Hans Vestberg. He noted that while corporations currently receive tax deductions for capital expenditures, these are spread over longer periods, and accelerating them would provide more immediate benefits. Gabelli graduated summa cum laude in 1965 from Fordham University's College of Business Administration in 1965 and holds an MBA from Columbia University Graduate School of Business. He has received honorary doctorates from Fordham University and Roger Williams University. He also serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, and the Foundation for Italian Art & Culture. He is a Trustee of the Winston Churchill Foundation of the US and the EL Wiegand Foundation. Gabelli was honored as Morningstar's Portfolio Manager of the Year in 1997, named Money Manager of the Year by Institutional Investor in 2011, and is a member of Barron's All-Star Century Team. To compile the list of billionaire Mario Gabelli's 10 small-cap stock picks with huge upside potential, we sifted through the Q4 2024 13F filings of GAMCO Investors from Insider Monkey. From these filings, we checked the upside potential from CNN for the top 50 stock picks that were trading between $1 billion and $10 billion and ranked the stocks in ascending order of this upside potential. We have also added GAMCO Investors' stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 8. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A professional baseball player at bat with the stadium crowd and the setting sun in the background. GAMCO Investors' Stake: $92.26 million Number of Hedge Fund Holders: 37 Market Capitalization as of May 8: $2.52 billion Average Upside Potential as of May 8: 43.34% Atlanta Braves Holdings Inc. (NASDAQ:BATRK) owns and operates the Atlanta Braves Major League Baseball Club in the US. It operates through two segments: Baseball and Mixed-Use Development. The mixed-use development business includes services/products like retail, office, hotel, and entertainment operations, primarily within The Battery Atlanta. This segment generated a revenue of $17.9 million for Atlanta Braves Holdings Inc. (NASDAQ:BATRK) in Q4 2024, which improved by 21% year-over-year. For the full year 2024, Mixed-use development revenue reached $67.3 million, which marked a 14% growth from the $59.0 million in the prior year, due to The Battery Atlanta mixed-use facilities, and includes rental income and parking revenue. Additionally, the acquisition of the adjacent Pennant Park office complex for an undisclosed amount represents a move to further expand this segment. Pennant Park adds 763,465 square feet of office space across 6 buildings on ~34 acres, which includes over 2,700 parking spaces. With an occupancy rate of over 80% and anchored by strong tenants like The Home Depot (fully leasing two buildings), this acquisition is immediately accretive. Overall, BATRK ranks 3rd on our list of billionaire Mario Gabelli's small-cap stock picks with huge upside potential. While we acknowledge the potential of BATRK as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BATRK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Ryman Hospitality Properties, Inc. (RHP): Among Billionaire Mario Gabelli's Small-Cap Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Mario Gabelli's 10 Small-Cap Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Ryman Hospitality Properties, Inc. (NYSE:RHP) stands against other small-cap stock picks with huge upside potential. Mario J. Gabelli founded Gabelli Asset Management Company in 1977. The firm is now called GAMCO Investors and is an American firm headquartered in New York. It specializes in providing investment advice and brokerage services to mutual funds, institutional clients, and select investors. It is majority-owned by Mario Gabelli, who is the Chairman and CEO of it. GAMCO Investors includes two businesses: GAMCO Asset Management, with institutional and separate accounts; and Gabelli Funds. The last reported 13F filing for Q4 2024 included $9.55 billion in managed 13F securities and a top 10 holdings concentration of 16.81%. Gabelli stayed true to the principles of value investing and used a solid base created by Warren Buffett and Ben Graham, while adding some of his elements to the mix. He believes that value investing isn't focused on short-term market movements. He looks for the ignored and unloved companies that nobody covers for whatever reason, with a good business, solid management, and a good price. As January was ending, Gabelli joined 'Squawk Box' on CNBC to discuss a range of topics. He explained how the stock market's performance is tied to company earnings, revenue growth, gross margins, expenses, and taxes, but most importantly to the market multiple, which is influenced by interest rates. These are shaped by debt, deficits, and overall confidence. Gabelli also mentioned that strategic corporate M&A was returning after a freeze caused by regulatory uncertainty and some failed deals. Activist investors are also seeking greater visibility and pushing for changes at companies. He argued against reducing the corporate tax rate below 21% but advocated for a minimum tax on a cash basis. He called for the restoration of 100% bonus depreciation, which would allow businesses, such as farmers, to fully write off new equipment purchases immediately, thereby encouraging investment in technologically advanced machinery. Gabelli mentioned that similar incentives should apply to capital expenditures in sectors like cable and referenced comments from Hans Vestberg. He noted that while corporations currently receive tax deductions for capital expenditures, these are spread over longer periods, and accelerating them would provide more immediate benefits. Gabelli graduated summa cum laude in 1965 from Fordham University's College of Business Administration in 1965 and holds an MBA from Columbia University Graduate School of Business. He has received honorary doctorates from Fordham University and Roger Williams University. He also serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, and the Foundation for Italian Art & Culture. He is a Trustee of the Winston Churchill Foundation of the US and the EL Wiegand Foundation. Gabelli was honored as Morningstar's Portfolio Manager of the Year in 1997, named Money Manager of the Year by Institutional Investor in 2011, and is a member of Barron's All-Star Century Team. To compile the list of billionaire Mario Gabelli's 10 small-cap stock picks with huge upside potential, we sifted through the Q4 2024 13F filings of GAMCO Investors from Insider Monkey. From these filings, we checked the upside potential from CNN for the top 50 stock picks that were trading between $1 billion and $10 billion and ranked the stocks in ascending order of this upside potential. We have also added GAMCO Investors' stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 8. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An interior shot of the Grand Ole Opry House, showing the iconic country music brand and its architechtural grandeur. GAMCO Investors' Stake: $100.85 million Number of Hedge Fund Holders: 35 Market Capitalization as of May 8: $5.81 billion Average Upside Potential as of May 8: 18.69% Ryman Hospitality Properties, Inc. (NYSE:RHP) is a leading lodging and hospitality real estate investment trust. It specializes in upscale convention center resorts and entertainment experiences. The company's holdings include 5 of the top 7 largest non-gaming convention center hotels in the US based on total indoor meeting space. In Q1 2025, the company's Hospitality segment achieved record results, with revenue increasing by 11% year-over-year. This was fueled by a 10% increase in RevPAR (Revenue Per Available Room) and a 9% increase in total RevPAR. The average daily rate (ADR) also reached a first-quarter record of $264, which was up ~6% and showed strength in both group and transient customer segments. Notably, group room nights booked for all future years increased by 10% year-over-year, with particularly strong bookings for 2026 and 2027. These are up 13% and 35% respectively. Ryman Hospitality Properties, Inc. (NYSE:RHP) is managing the Hospitality segment by operating model efficiencies in partnership with its operator, Marriott. It's also communicating with meeting planners to navigate near-term uncertainties. Overall, RHP ranks 9th on our list of billionaire Mario Gabelli's small-cap stock picks with huge upside potential. While we acknowledge the potential of RHP as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RHP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
TEGNA Inc. (TGNA): Among Billionaire Mario Gabelli's Small-Cap Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Mario Gabelli's 10 Small-Cap Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where TEGNA Inc. (NYSE:TGNA) stands against other small-cap stock picks with huge upside potential. Mario J. Gabelli founded Gabelli Asset Management Company in 1977. The firm is now called GAMCO Investors and is an American firm headquartered in New York. It specializes in providing investment advice and brokerage services to mutual funds, institutional clients, and select investors. It is majority-owned by Mario Gabelli, who is the Chairman and CEO of it. GAMCO Investors includes two businesses: GAMCO Asset Management, with institutional and separate accounts; and Gabelli Funds. The last reported 13F filing for Q4 2024 included $9.55 billion in managed 13F securities and a top 10 holdings concentration of 16.81%. Gabelli stayed true to the principles of value investing and used a solid base created by Warren Buffett and Ben Graham, while adding some of his elements to the mix. He believes that value investing isn't focused on short-term market movements. He looks for the ignored and unloved companies that nobody covers for whatever reason, with a good business, solid management, and a good price. As January was ending, Gabelli joined 'Squawk Box' on CNBC to discuss a range of topics. He explained how the stock market's performance is tied to company earnings, revenue growth, gross margins, expenses, and taxes, but most importantly to the market multiple, which is influenced by interest rates. These are shaped by debt, deficits, and overall confidence. Gabelli also mentioned that strategic corporate M&A was returning after a freeze caused by regulatory uncertainty and some failed deals. Activist investors are also seeking greater visibility and pushing for changes at companies. He argued against reducing the corporate tax rate below 21% but advocated for a minimum tax on a cash basis. He called for the restoration of 100% bonus depreciation, which would allow businesses, such as farmers, to fully write off new equipment purchases immediately, thereby encouraging investment in technologically advanced machinery. Gabelli mentioned that similar incentives should apply to capital expenditures in sectors like cable and referenced comments from Hans Vestberg. He noted that while corporations currently receive tax deductions for capital expenditures, these are spread over longer periods, and accelerating them would provide more immediate benefits. Gabelli graduated summa cum laude in 1965 from Fordham University's College of Business Administration in 1965 and holds an MBA from Columbia University Graduate School of Business. He has received honorary doctorates from Fordham University and Roger Williams University. He also serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, and the Foundation for Italian Art & Culture. He is a Trustee of the Winston Churchill Foundation of the US and the EL Wiegand Foundation. Gabelli was honored as Morningstar's Portfolio Manager of the Year in 1997, named Money Manager of the Year by Institutional Investor in 2011, and is a member of Barron's All-Star Century Team. To compile the list of billionaire Mario Gabelli's 10 small-cap stock picks with huge upside potential, we sifted through the Q4 2024 13F filings of GAMCO Investors from Insider Monkey. From these filings, we checked the upside potential from CNN for the top 50 stock picks that were trading between $1 billion and $10 billion and ranked the stocks in ascending order of this upside potential. We have also added GAMCO Investors' stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 8. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of hands typing on a laptop, highlighting the company's digital content. GAMCO Investors' Stake: $43.69 million Number of Hedge Fund Holders: 28 Market Capitalization as of May 8: $2.82 billion Average Upside Potential as of May 8: 13.45% TEGNA Inc. (NYSE:TGNA) is a journalism company in the US. It engages in content and tools to help people navigate their daily lives. It also offers marketing solutions and provides news content to consumers across various platforms, such as online, mobile, connected television, and social platforms. In Q4 2024, TEGNA's Subscription Revenue reached $357 million, which was a 5% increase year-over-year. This growth was attributed to successful MVPD contract renewals for ~20% of the company's traditional subscribers during the quarter. There were also contractual rate increases and a favorable comparison to a prior service disruption, which was partially offset by subscriber decline. For the full year 2024, Subscription Revenue totaled $1.5 billion. For 2025, TEGNA has ~45% of its traditional subscribers up for renewal, which presents opportunities to secure appropriate value for its content. This recurring revenue stream provides a stable financial base for TEGNA Inc. (NYSE:TGNA) as it navigates the evolving media landscape and focuses on its broader transformation initiatives. Overall, TGNA ranks 10th on our list of billionaire Mario Gabelli's small-cap stock picks with huge upside potential. While we acknowledge the potential of TGNA as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TGNA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Modine Manufacturing Company (MOD): Among Billionaire Mario Gabelli's Small-Cap Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Mario Gabelli's 10 Small-Cap Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Modine Manufacturing Company (NYSE:MOD) stands against other small-cap stock picks with huge upside potential. Mario J. Gabelli founded Gabelli Asset Management Company in 1977. The firm is now called GAMCO Investors and is an American firm headquartered in New York. It specializes in providing investment advice and brokerage services to mutual funds, institutional clients, and select investors. It is majority-owned by Mario Gabelli, who is the Chairman and CEO of it. GAMCO Investors includes two businesses: GAMCO Asset Management, with institutional and separate accounts; and Gabelli Funds. The last reported 13F filing for Q4 2024 included $9.55 billion in managed 13F securities and a top 10 holdings concentration of 16.81%. Gabelli stayed true to the principles of value investing and used a solid base created by Warren Buffett and Ben Graham, while adding some of his elements to the mix. He believes that value investing isn't focused on short-term market movements. He looks for the ignored and unloved companies that nobody covers for whatever reason, with a good business, solid management, and a good price. As January was ending, Gabelli joined 'Squawk Box' on CNBC to discuss a range of topics. He explained how the stock market's performance is tied to company earnings, revenue growth, gross margins, expenses, and taxes, but most importantly to the market multiple, which is influenced by interest rates. These are shaped by debt, deficits, and overall confidence. Gabelli also mentioned that strategic corporate M&A was returning after a freeze caused by regulatory uncertainty and some failed deals. Activist investors are also seeking greater visibility and pushing for changes at companies. He argued against reducing the corporate tax rate below 21% but advocated for a minimum tax on a cash basis. He called for the restoration of 100% bonus depreciation, which would allow businesses, such as farmers, to fully write off new equipment purchases immediately, thereby encouraging investment in technologically advanced machinery. Gabelli mentioned that similar incentives should apply to capital expenditures in sectors like cable and referenced comments from Hans Vestberg. He noted that while corporations currently receive tax deductions for capital expenditures, these are spread over longer periods, and accelerating them would provide more immediate benefits. Gabelli graduated summa cum laude in 1965 from Fordham University's College of Business Administration in 1965 and holds an MBA from Columbia University Graduate School of Business. He has received honorary doctorates from Fordham University and Roger Williams University. He also serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, and the Foundation for Italian Art & Culture. He is a Trustee of the Winston Churchill Foundation of the US and the EL Wiegand Foundation. Gabelli was honored as Morningstar's Portfolio Manager of the Year in 1997, named Money Manager of the Year by Institutional Investor in 2011, and is a member of Barron's All-Star Century Team. To compile the list of billionaire Mario Gabelli's 10 small-cap stock picks with huge upside potential, we sifted through the Q4 2024 13F filings of GAMCO Investors from Insider Monkey. From these filings, we checked the upside potential from CNN for the top 50 stock picks that were trading between $1 billion and $10 billion and ranked the stocks in ascending order of this upside potential. We have also added GAMCO Investors' stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 8. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A technician in a factory, assembling a gas-fired unit heater. GAMCO Investors' Stake: $139.62 million Number of Hedge Fund Holders: 43 Market Capitalization as of May 8: $4.95 billion Average Upside Potential as of May 8: 49.62% Modine Manufacturing Company (NYSE:MOD) provides thermal management products and solutions. It operates through Climate Solutions and Performance Technologies segments. It also provides data center products that consist of IT cooling solutions, such as precision air conditioning units for data center applications and computer room air conditioning & handler units. The company recently secured a $180 million order from a leading AI infrastructure developer for its specialized Airedale by Modine data center cooling systems. This system is an AI-enhanced version of Modine's Cooling System Optimizer that offers energy consumption reductions of up to 40%. To fully capitalize on this, Modine is making Cooling AI available as a new system and as a retrofit option for existing Airedale by Modine Cooling System Optimizers. DA Davidson reiterated a Buy rating on the stock on March 31, while lowering its price target to $140 from $155. Modine Manufacturing Company (NYSE:MOD) now projects to grow data center sales by 110% to 120% for the full FY2025. In FQ3 2025, Modine's data center revenues grew by 176% year-over-year. This was fueled by the acquisition of Scott Springfield, which contributed $63 million to this revenue. SouthernSun Small Cap Strategy is positive on the company and stated the following regarding Modine Manufacturing Company (NYSE:MOD) in its Q1 2025 investor letter: 'Modine Manufacturing Company (NYSE:MOD) is an over 100-year-old thermal management company based in Racine, WI. The company started out producing heat exchangers for tractors but quickly expanded into the automotive market and became a major supplier of heat exchangers to leading car manufacturers. As demand for automobiles increased significantly throughout the 20th century, Modine expanded operations globally. However, as the automotive market matured and became more competitive, MOD's growth slowed, and the company went through numerous restructurings to take cost out of the business. The company attempted to diversify into the HVAC industry by buying Airedale in 2005 and Luvata in 2016, but management lacked a clear strategic vision, and the legacy automotive business continued to attract most of the time and resources. Overall, MOD ranks 2nd on our list of billionaire Mario Gabelli's small-cap stock picks with huge upside potential. While we acknowledge the potential of MOD as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MOD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
