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This week, we cover the strategy used by Josef Lakonishok and highlight a list of stocks currently passing the AAII Lakonishok screen. Picking up the value torch from Benjamin Graham, Lakonishok focuses on buying out-of-favor companies that are beginning to show signs of awakening. The Lakonishok screening model has had impressive long-term performance, with an average annual gain of 13.2% since inception in 1998, versus 7.5% for the S&P 500 index over the same period.
In 1993, we started a real-money portfolio to show that a consistent investment approach could be followed without a significant time commitment.
Learn our secrets to outpacing the overall market by nearly 2-to-1 over the past 10 years in our exclusive report, How to Win With a Small Cap/Value Approach.
John Neff was the manager of the Vanguard Windsor Fund for more than three decades. While widely considered a value and contrarian investor, Neff referred to his investing style as a low price-to-earnings (P/E) methodology. From 1964 to 1995, Neff guided Windsor to a 13.7% average annual return, easily outpacing the S&P 500's 10.6% percent return during that time. A $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded.
Top SSR Watchlist Ideas Ranked by Forecast Dividend-Adjusted PEG (as of 8/28/2026)
From General Motors and Delta Air Lines to Valero Energy and Fox Corporation, our June 2026 Value Stocks List showcases companies with attractive valuations and strong fundamental characteristics.
Many of the largest declines occurred in software, IT services and enterprise application companies as investors favored businesses supplying the semiconductor, memory and data-center ecosystem.