Value investors love lower prices. Here is what Bill Nygren (Trades, Portfolio) likes right now:
Bank of America (BAC, Financial) - Selling at 70% off book value and can return all excess capital to investors.
Google (GOOGL) - Take the cash out of the valuation and the company is trading at 17 times forward earnings. That is too cheap for a company with this kind of future.
General Electric (GE, Financial) - A 4% dividend yield, and it is virtually certain that over the next 10 years, earnings will go up. Meanwhile, you can hold a 10-year treasury that yields 2%.
