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Shares of WD-40 (WDFC) - Get WD-40 Company Report have surged more than 25% in the past year, thanks in part to the drop in oil prices. Slick investors can expect the stock's smooth ride to continue, said David Bechtel, portfolio manager for the Barrow Long/Short Opportunity Fund.

"They will benefit from the drop in crude prices -- they use a lot of petroleum derivatives in what they make," said Bechtel. "And they have fantastic returns on equity of well over 25%, so that's a good indicator of how well they are able to use that brand to maintain pricing power."

The Barrow Long/Short Opportunity Fund is up 1% year-to-date after rising 8% in 2015.

Bechtel is also positive on shares of patent protector RPX (RPXC) , which performed well last year, until the company announced the purchase of discovery management solutions provider Inventus for $232 million in cash, thereby sending the stock down over 20%.

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"We think long-term it is going to be highly accretive to the firm," said Bechtel, adding that the company is cheaply valued at a 20% cash flow to enterprise value yield.

Boston Beer (SAM) - Get Boston Beer Company, Inc. Class A Report shares are down over 43% in the past year, and the stock still trades at 22 times its forward earnings. Still, Bechtel is bullish on the brewer, saying that investors need to pay up for growth sometimes.

"You are buying a company that grew its operating income 30% over the last few years and its revenue 20% a year," said Bechtel. "It's a huge grower despite the fact that it's the sixth-largest brewer in America."

Finally, Bechtel is a fan of Select Comfort (SCSS) , which is down 32% in the past 12 months. Bechtel said the mattress seller hit a rough patch but is poised to make a comeback.

"The trailing 12-month numbers are fantastic. They are accelerating. They have a very good return on equity in their business and it's just dirt cheap," said Bechtel.