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Hudson Valley super-investor Gabelli goes gluten-free
Want to tap the Wall Street smarts of Hudson Valley uber-investor Mario Gabelli?
The chief executive of Rye-based GAMCO Investors (formerly known as Gabelli Asset Management) delivered 10 stock picks for 2013 as part of a Barron's roundtable.
In a cover photo with a recipe-for-investing theme, Gabelli wields a ladle and colander as eight other gurus hold whisks, rolling pins and other kitchen paraphernalia.
As it happens, though, three of Gabelli's picks fit right in with the recipe theme.
The long-time champion of value investing likes cereal maker Post Holdings (NYSE: POST), Jimmy Dean sausage-maker Hillshire Brands (NYSE: HSH) and Boulder Brands (NASDAQ: BDBD), the maker of Smart Balance spread and gluten-free pretzel maker Glutino.
Gabelli's other picks?
Media giant Viacom (NYSE: VIA); factory equipment firm Graco (NYSE: GGG); veterinary supply firm Patterson Cos. (NASDAQ: PDCO); oil-drilling equipment maker Weatherford International; energy company National Fuel Gas (NYSE: NFG), and television and radio station operator Fisher Communications (NASDAQ: FSCI).
For one selection, Gabelli didn't have to look far from home. Water-treatment company Xylem (NYSE: XYL), a spin-off from ITT, is based in White Plains.
Tags: Mario Gabelli , Barron's , Wall Street , Post Holdings , Hillshire Brands , Boulder Brands , Viacom , Graco , Patterson Cos. , Weatherford International , National Fuel Gas , Fisher Communications , Xylem