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Top investor Katz: Best value stocks for 2016

David Katx, CIO of Matrix Asset Advisors.
Adam Jeffery | CNBC
David Katx, CIO of Matrix Asset Advisors.

Editor's Note: David Katz, president and chief investment officer of Matrix Asset Advisors, shares his top 2016 stock picks for CNBC Pro's Platinum Portfolio.

After one of the most difficult periods for value investing in years, we believe value is poised to have a solid 2016 and should perform very well on a relative basis.

As such our picks are focused on "deeper value" stocks. All of these names got beat up in 2015 and sell at fire sale prices; yet they have strong franchises, good balance sheets and favorable long-term outlooks.

We are equally weighting the following four names:

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