Ok so Ternium is no Arcelor Mittal, but at less than 6 times ttm earnings and 1.2 times book, what's not to like? The stock is down 26% off its 52-week high of a month ago. Did global demand for steel fall off a cliff or were some hedge funds raising cash?

We're in the middle of hurricane season in the gulf of Mexico and in the financial markets. Time to buy a re-insurer. This one trades at a little more than 5 times ttm earnings and is growing revenues at a 15% clip.

How hated is Pfizer right now? It is trading at less than 10 times earnings with a 5% dividend. There are some concerns with the pipeline but Lipitor's got a couple years left before it drops off patent. I like one for 6-9month time horizon.

Never buy an airline right? Value trap? Perhaps. But Continental is trading at less than 7 times ttm earnings and air travel passengers along with fares are up. I like this one while employment remains strong.