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Gabelli likes Diebold, Chemtura, Weatherford

Aug. 27, 2014 8:49 AM ETDiebold Nixdorf, Incorporated (DBD) StockHAL, WFRD, DBD, GCGJBy: Carl Surran, SA News Editor1 Comment
  • Diebold (NYSE:DBD), Chemtura (NYSE:CHMT) and Weatherford (NYSE:WFT) are up slightly premarket following positive mentions by Mario Gabelli in a CNBC interview after yesterday's close.
  • Gabelli thinks DBD is in the beginning of a major turnaround led by new management; if it can take its capability in service and put it in software, the stock can rise 50%-60% in two years.
  • CHMT is selling an asset in the next 60 days that will provide support for the stock, Gabelli says as he sees the stock doubling over the next five years.
  • Gabelli thinks Halliburton (NYSE:HAL) will want to own WFT at a 50%-plus premium from current levels.

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