Mario Gabelli says these stocks could rise by 50%

Who doesn’t like a 50% return on investments? Even the veterans would lend an ear if an expert were to pick a few stocks that he thought could offer such a lucrative return in the upcoming years. CEO Mario Gabelli of Gamco Investor did just that in his interview with Bloomberg Surveillance on Monday.

Gabelli looks for companies that could benefit from infrastructure

Gabelli is long on the London-based farm machinery and equipment company, Case New Holland Industrial N.V. – that he thinks has the potential to deliver massive returns because the construction business is expected to boom, partly because of the “tailwind of Capex from corporations.”

The CEO also highlighted on Bloomberg Surveillance that farmers want precision farming that uses less water and less labour. Gabelli said:

Why does Gabelli like Hyster-Yale Materials Handling Inc?

The Gamco Investor chairman named Grupo Televisa as another one of his fifty percenters. He also highlighted Hyster-Yale Materials Handling Inc as one of his top picks, but the stock didn’t make it to his list of ‘nifty fifties’. Gabelli acknowledged that Hyster wasn’t a company that many are familiar with, but said:

Hyster-Yale jumped from $60 per share to $100 per share and then back to around $65 per share. Lastly, Gabelli said in his interview with Bloomberg Surveillance that companies which were working towards a major breakthrough in batteries also look appealing for the next three to four years.