Mario Gabelli was on CNBC earlier today and gave his stock market outlook plus his favourite stock picks:
Gabelli is bullish on natural gas names like National Fuel & Gas (NFG) because as he said, “first we need to have energy independence, the U.S. is tired of depending on the Middle East, as a country.”
Regarding National Fuel & Gas (NFG), Gabelli added, “and one of the areas that we’re intrigued about is natural gas. It’s allocated to heating homes and this firm has 727,000 customers that take natural gas from them.”
Gabelli added that firms such as Tenneco (TEN), Superior Industries International (SUP) and Strattec Security (STRT) will also do well.
1 comment:
nice post. thanks.
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