With the second half of the year underway, it's prudent to take stock on how your portfolio performed in the first six months of 2014.
In the same vein, it's also the perfect time to see where any value or growth opportunities may lie as we go into the end of 2014.
One billionaire has decided to make the latter much easier for investors. Mario Gabelli, the renowned value manager and founder of the GAMCO family of funds, took to CNBC last month and shared some of his views on equity markets.
With no shortage of commentary these days on financial news networks, why should you listen to Gabelli?
For starters, Gabelli has been investing for nearly six decades now. He has come a long way since buying his first stock at the age of 13. Now at the age of 72, his firm, GAMCO Investors, currently manages some $48 billion in assets, with Gabelli amassing a personal fortune of $1.8 billion along the way.
As such, his experience should cause some ears to perk up when he dishes free institutional research. Fortunately for us, Gabelli mentioned three of his top picks for the latter half of this year. Here's a deeper look at his recommendations.