Mario Gabelli expects these media stocks to rally 50% over the next two years

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Mario Gabelli 

Scott Mlyn | CNBC

Veteran investor Mario Gabelli informed CNBC on Monday he sees a handful of engaging alternatives in media stocks, notably Sinclair Broadcast Group and Grupo Televisa.

In an interview on “Power Lunch,” the Gamco Investors CEO and chairman laid out completely different funding theses for the corporations. But in each cases, Gabelli mentioned he expects the stocks to rally at the least 50% from their present ranges in the next two years.



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