GO
Loading...

Value Picks: The Bottom-Up Approach

Andrew Fisher
Monday, 22 Sep 2008 | 12:51 PM ET

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.

Where to Invest Now
Stocks picks for investors to turn to during this questionable time on Wall St., with David Goerz, Highmark Capital; Mark Travis, Intrepid Capital and Michael Farr, Farr, Miller & Washington

Disclosures:

Disclosure information for Mark Travis was not immediately available.

Disclaimer

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

Featured