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The manager of T. Rowe Price's large-cap Value Fund has seen growth of 10 percent over the last three years.
"We have a long-term investment horizon here," he told CNBC. By "long-term," he's talking three to five years.
Linehan likes St. Joe, a land-holding company with extensive parcels in northwest Florida.
"There are 5,000 people each week moving to Florida," he said. "That's clearly going to put an upward bias on housing prices at some point."
Linehan also notes that a large new airport is being built in the region, and, he said, "St. Joe owns all the land around it, and we think that's a source of real value creation for the company."
He believes the company is "uniquely positioned" to capitalize on "some whiff of recovery" in the Florida housing environment.
Cablevision Systems is another Linehan favorite.
"This company has not spent a lot of cap-ex, and is not expected to, going forward," he said. "As long as they're disciplined, we think there's a lot of good things ahead for them."
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Data is a real-time snapshot *Data is delayed at least 15 minutes