Basic materials and the power to use them offer strong opportunities for investors, according to Kent Croft.
He's also enthusiastic about a familiar technology name.
His five-star Croft Value Fund is up an average of 12.37 percent per year over the last five years.
His basic-materials theme focuses on timber.
"We think there's a number of stocks there -- Weyerhaeuser, Plum Creek, Potlatch, where the...values of the timber assets are not being realized in the share price," he said. "These companies...look very cheap, especially on a long-term basis."
Croft also likes what he sees as the under-appreciated companies likely to be involved in the rehabilitation of the nation's electric grid.