Spotlight Portfolio: Invest Like a Prince

Motorola is also favored by Carl Icahn, the noted corporate raider who made his billions partially with the help of financier Michael Milken's junk bonds. Icahn also owns shares of Anadarko Petroleum (APC Quote), which has a PEG of 1.9, and BEA Systems (BEAS Quote), with a PEG of 1.79.

News Corp. (NWS Quote), the entertainment conglomerate, is another stock in which the prince has taken a significant position. The company just reported that paid subscriptions to the print version of The Wall Street Journal increased by 1.6% during the six-month period ended March 31. The stock has a P/E of 18, a PEG of 1.06 and a yield of 0.6%.

News Corp. is in the portfolio of Dodge & Cox Stock Fund, which has a Morningstar rating of four stars and is managed by Harry Hagey. Dodge & Cox also owns shares of Comcast (CMCSA Quote), which has a PEG ratio of 1.8, and Wal-Mart (WMT Quote), with a 1.4 PEG ratio.

All of the Prince's stocks can be found in the Prince Al-Waleed portfolio at Stockpickr.com.