Computers, gasoline and beer: Essential elements of everyday life, and, according to John Linehan of T. Rowe Price, judicious stock selections.
He might know: Linehan's 4-star T. Rowe Price Value Fund is up an average of 13.1 percent per year over the last five years.
His top pick is Dell.
"Our strategy is to buy companies that are good companies, but really down and out, and Dell clearly is a company that's down and out," he told CNBC.
"If we look at the valuation, right now the company's trading at decade lows, price-to-earnings, price-to-sales, and we think that's very compelling, and we think there's a few catalysts on the horizon."
He also likes refiner Sunoco.
"Right now, it's facing the double-whammy of decrease in demand for refined products, and at the same time, an increase in crude-oil prices," he said. "Over time, that really can't last."
Linehan also sees a lot of upside in Sunoco's logistics, coke and chemical business.
"Basically, you're getting the refinery business for very attractive valuations," he said.
His third pick is Anheuser-Busch, which he sees as the cheapest of all the large-cap consumer product companies, with little downside threat.
Linehan owns Dell, Sunoco, and Anheuser-Busch through his fund.