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Guru Mario Gabelli: This stock should double in the next few years
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Friday, July 24, 2009
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From Newsmax:

"A lot of bargains" among U.S. stocks will arise for investors in the next year as consumer spending rebounds, helping the economy to do the same.

That's what Mario Gabelli, CEO of Gamco Investors, told Bloomberg

The stock market will rise as earnings recover, he says. And the worst recession in 50 years has pushed stocks down to attractive valuations, Gabelli maintains.

"The world is simple. You just want to find the best ideas, risk adjusted," he says.

Read full article...

More guru outlooks:

Gary Shilling: Stock market will crash soon

Guru Schiff says gold due for "spectacular" rally

Guru Mark Mobius: Another crisis is headed our way...

Topics: Guru | Stocks
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