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Food Sector M&A Is Heating Up, Gabelli Fund Manager Says: Watch For BellRing Brands, Campbell Soup
Monday, August 26, 2024 - 4:27pm | 578The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September. According to Kevin Dreyer, co-CIO of Value at Gabelli Funds, lower rates generally stimulate M&A activity. "One thing to note is that, as rates come down, that tends to lead...
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Russell 2000 Stocks 'Trading At A Massive Discount' To Large Caps: Gabelli Funds' Kevin Dreyer
Monday, August 26, 2024 - 4:07pm | 685Small cap stocks are poised for a strong rally, according to Kevin Dreyer, co-CIO of Value at Gabelli Funds. In a recent CNBC interview, Dreyer, who oversees the Gabelli Asset Fund (GABAX), emphasized that small caps have “a long room to run” and are increasingly becoming an attractive...