Risks to Consider: The jury is still out on the merits of the purchase of Diamond Foods. Therefore, it's wise to research this stock further before you make any decision. Action to Take: Ecolab is a great core holding consideration for conservative investors who are focused on the long term. Shares of Diamond Foods have continued to struggle into 2012, but with any clarity that the accounting woes that won't bring the company to financial ruin would make this a turnaround stock with tons of upside potential. Just a year ago Diamond earned $2.61 per share, and analysts still project $2.78 per share this year. This puts the forward P/E of 8 in value territory. >>To see these stocks in action, visit the 2 Stock Ideas From Bill Gates portfolio on Stockpickr. At the time of publication, Ryan Fuhrmann owned shares of MSFT. StreetAuthority LLC owns shares of MSFT in one or more if its "real money" portfolios.