Washington Mutual

"One of the biggest savings and loan banks is trading at eight times earnings, and you get a nice dividend yield. Interest rates being at such incredibly low levels, it is my opinion that the housing market will remain relatively strong. Washington Mutual at a single-digit price-earnings ratio is an example of a stock in this market that is cheap."

Alcoa

"You get a 4 percent dividend yield on a stock like Alcoa, and you have excellent appreciation potential for the next three to five years."

Capital One Financial

"Capital One has been beaten up with regulatory scrutiny and the mutual letter of understanding that it has agreed upon. Capital One is a multi-line lender, credit card lender -- it has subprime, it has superprime, it has prime -- but at eight or nine times earnings. Year-over-year earnings will be up 30 percent, and we think they'll add another 20 percent next year. And we think management is superior."

Citigroup

"The stock price already has accounted for a great deal of the pressure on Citigroup. I think that the company's $210 million as a result of the associates' predatory lending charges ultimately won't impact the bottom line. New management is in place, and while you could see still see weakness in Citigroup, and it will take awhile until it recovers, I think it still represents good value in here."

Honeywell

"A very diversified company, and after having been beat up here, I think it represents good value."