Gabelli & Co's 5 Best Consumer Stocks For 2016

Gabelli & Company recently released its Best Ideas report for 2016. Here is what analysts had to say about the firm’s top consumer stocks.

Las Vegas Sands Corp. LVS

Analyst Adam Trivision believes that “now, with Macau sentiment extremely poor and tax loss selling (likely) impacting the stock price, the risk-reward dynamics are favorable enough for us to recommend LVS as our best idea for 2016.”

Edgewell Personal Care Co EPC

Analyst Sarah Donnelly says that Edgewater “may be an attractive acquisition candidate to strategic buyers” and currently sports an “attractive valuation.”

CST Brands Inc CST

Analyst Damian Witkowski notes that CST “continues to make progress on its goals to maximize fuel margins and improve merchandise sales and profitability.”

Snyder’s-Lance Inc LNCE

Analyst Joseph Gabelli estimates that Snyder’s-Lance “should realize $65 million of net cost synergies from the [Diamond Foods, Inc DMND] deal within the first two years, while also refinancing Diamond’s relatively high-cost debt, and utilizing its sizeable tax-loss carryforwards.”

T. Rowe Price Group Inc TROW

Analyst Macrae Sykes like’s the company’s “world class management” and “Industry leading margins close to 50%.”

Disclosure: the author holds no position in the stocks mentioned.

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