Contrarian Value Ideas

[gfp927z]

Some bottom plays -


Stericycle (SRCL) is inching it's way back into the low 80s.


Teva (TEVA) hasn't formed a base yet but got cut in half over the past year. Based on the chart I figure it probably tests 30 and then we'll see. They're the 800 lb gorilla in the generic drug sector.


Anheuser-Busch InBev (BUD) also looks interesting as a longer term value play, down around 30% from its high, but people aren't going to stop drinking beer anytime soon.


Flowers Foods (FLO) and Reeds (REED) have both bounced strongly off their lows, and look like they should continue to recover over time, though both could use an improving quarter or two to confirm that they're really on the mend.


A couple other bottom plays - Myriad Genetics (MYGN) and Celldex (CLDX).