Wall Street's Trash is This Analyst's Treasure
Charles Bobrinskoy of Ariel Investments has gone scavenging in Wall Street's trash can, and found a favorite stock to recommend.
"Every time I'm on and I talk about this name, I get hate mail," Bobrinskoy told CNBC. "That makes me feel even better."
The company is Dell.
""Everybody hates this, all the old growth managers and analysts who covered it hate it now, but there's just great value here, and they continue to make good money," he said.
He also likes Aflac.
"This is not for the faint of heart," he cautioned. "This is a little riskier than Dell; the stock's down about 55 percent this year because people are worried about a portfolio of subordinated bonds that they own, but unlike a lot of other banks and financial institutions, their core business is in very good shape."
Disclosure information for Charles Bobrinskoy was not immediately available.