GO
Loading...

Value Picks: The Bottom-Up Approach

In an environment where consumer discretionary businesses are getting squeezed, Mark Travis might seem to have come up with a counter-intuitive stock pick. But to the CEO of Intrepid Capital Funds, Starbucks makes perfect sense.

"We're very valuation-sensitive in acquiring equity or debt," Travis told CNBC. "With Howard Schultz back at the helm at Starbucks, the private market value of those shares is a good bit higher than where they trade for today."

Other Recommendations:

He also likes book publisher John Wiley & Sons.

"They acquired Blackwell of Great Britain last year," he noted. "They've repaid that debt relatively quickly."

Also on his list are Oil Dri, Applied Signal Technology and Mocon.

Disclosures:

Disclosure information for Mark Travis was not immediately available.

Disclaimer

Symbol
Price
 
Change
%Change
MOCO
---
ODC
---
SBUX
---

Featured