The Buckle is a smart buy ahead of back-to-school season because the teen retailer is extremely well run with higher margins than its competitors, said Jay Kaplan, portfolio manager for the Royce Dividend Value Fund. Kaplan is also bullish on Gamestop's stock, saying the console cycle will soon start working in its favor as customers start coming into stores for the latest games. Furthermore, he said the company is heavily shorted which could squeeze the shares higher on good news. Finally, Kaplan is positive on Steve Madden's stock because the company is taking share during a slow period in the shoe industry.

More from Video

3M's Chief Science Advocate on Advancing Healthcare, Autos and Young Scientists

3M's Chief Science Advocate on Advancing Healthcare, Autos and Young Scientists

Listen: Should You Buy Cisco Now?

Listen: Should You Buy Cisco Now?

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

It's Dumb to Think There Aren't Already Monopolies in Big Tech

It's Dumb to Think There Aren't Already Monopolies in Big Tech