Cobas Asset Management recently released its portfolio updates for the second quarter of 2020, which ended on July 30.

Under the management of Chairman and Chief Investment Officer Francisco Garcia Parames (Trades, Portfolio), the asset management company seeks to follow Warren Buffett (Trades, Portfolio)’s value investing strategies, focusing on undervalued assets that show high potential for long-term growth. The firm invests mostly in European companies, but it holds some positions in the United States and Asia as well.

Based on its investing criteria, the firm’s top buys for the second quarter were in G-III

In terms of a higher dividend yield, the following stocks are thrashing the S&P 500 index, which granted 1.88% at market close on July 19.

Sell-side analysts on Wall Street also bestowed an overweight recommendation rating on the securities, indicating they may outperform either their industries or the entire market within 12 months.

The first company is Vedanta Ltd. (VEDL), whose shares closed at $9.47 on Friday with a market capitalization of $8.69 billion. The stock’s forward dividend yield of 10.92% was 904 basis points higher than the S&P 500 index’s dividend yield. The industry median for the forward

Houston based independent oil and gas exploration company Cabot Oil & Gas Corporation (COG) clocked a revenue figure of $2.17 billion in 2014, up from $1.75 billion in 2013 and an annual profit of 104.5 million. Production went up 27% in the Marcellus region, helping to bring in the positive note to the results, but soaring operation expenses acted as a dampener. The key element that pulled down Cabot’s performance was a 45.5% year-over-year increase of $101.6 million in transportation and gathering cost.

The company reported a loss of 54 cents per share and the earnings adjusted for one-time gains,

According to GuruFocus list of 3-year lows, Companhia Brasileira De Distribuicao, Cameco Corp, Kennametal Inc, and Golar LNG Partners LP have all reached their 3-year lows.

Companhia Brasileira De Distribuicao reached $33.85

The prices of Companhia Brasileira De Distribuicao (CBD) shares have declined to $33.85, which is 41.3% off the 3-year high of $57.30.

Companhia Brasileira De Distribuicao has a market cap of $8.98 billion; its shares were traded at around $33.85 with a P/E ratio of 24.10 and P/S ratio of 0.38. The dividend yield of Companhia Brasileira De Distribuicao stocks is 1.24%. Companhia Brasileira De Distribuicao