Contrarian Picks for the Gurus

In his latest column, Validea CEO John Reese looks at some stocks that have been hit hard in the market’s recent downturn, and which now look like bargains. 

Reese talks about how top value investors like Whitney Tilson and Warren Buffett use downturns as opportunities to add to their favorite picks — not reason to flee the market. “In the dozen-plus years that I’ve been studying history’s most successful investors, I’ve found that far more often than not they use an approach like Buffett or Tilson — that is, they buy fundamentally sound stocks that others are shunning,” he writes. “Most of my Guru Strategies, each of which is based on the approach of a different investing great, reflect this.”

Reese takes a look at a few stocks that have been hit hard recently but still get high marks from his models. Among them: The Mosaic Company, which gets strong interest from his Benjamin Graham-inspired model. To read the full article and see all the picks, click here.