Shares of heart valve maker Edwards Lifesciences are cheap and out of favor, making this a great opportunity to buy stock in a best of breed company, says Sandy Villere, portfolio manager for the Villere Equity Fund. Villere also sees value in LKQ because it is the premier supplier of alternative parts for the auto collision and mechanical repair industry, dominating the niche. Finally, he is a fan of Flowers Foods which is now the second largest bakery in the country after its Hostess purchase.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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