Check Point, Teva Are Smart Choices for 'Frugal' Investors

Check Point Software is an inexpensive stock in the growing cyber-security arena, said Jeff Reeves, author of 'The Frugal Investor's Guide to Finding Great Stocks'. Reeves said Check Point's revenue is increasingly coming from government institutions like the Department of Defense as it defends itself against hackers. He is also bullish on shares of Teva Pharmaceuticals, saying the generic drugmaker is profiting from its emerging market exposure. Finally, Reeves is positive on Discover Financial's stock due to the company's diversification into other lending businesses like mortgages and student loans.