Ultimate Stock-Pickers Portfolio

Morningstar uses a similar technique as our Best Ideas FOF, but with value mutual funds. They use elements of conviction, consensus, and then overlay it with the Morningstar ratings and price/fair value estimates. Current names include:

Tyco (TYC)
Wal-Mart (WMT)
Dell (DELL)
Berkshire (BRK.B)
Time Warner (TWX)
Expedia (EXPE)
Anheuser-Busch (BUD)
Johnson & Johnson (JNJ)
Sprint Nextel (S)
Pulte Homes (PHM)