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During the reporting period ending 12.31.10, David Dreman of Dreman Value Management was busy. Positions in all the stocks below were either initiated or added to during the reporting period. We computed the position sizes relative to Dreman’s total portfolio. Though Dreman's credibility has taken a hit recently, any value hunters out there looking for some names to add to their portfolio should check out the list of 35 below, plus our commentary on one of his favorite stocks. And as always, please do you own due diligence before opening a position.

Company

Ticker

% Weighting of Portfolio

Current Price

Total Shares Owned

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

PEI

0.71%

$13.37

1,374,818

FRONTLINE LTD.

FRO

0.69%

$24.54

2,343,322

Arris Group Inc

ARRS

0.65%

$12.26

1,257,248

COOPER TIRE & RUBBER CO.

CTB

0.55%

$25.55

3,392,464

BRIGGS & STRATTON CORP.

BGG

0.47%

$19.77

977,591

NCR Corp.

NCR

0.44%

$18.36

1,087,239

CHARLES RIVER LABORATORIE

CRL

0.42%

$37.63

1,356,225

Intel Corp.

INTC

0.38%

$20.18

1,098,665

EATON Corp.

ETN

0.34%

$51.02

796,467

MINEFINDERS Corp. LTD.

MFN

0.33%

$10.40

349,324

THE JONES GROUP INC.

JNY

0.31%

$12.52

1,363,878

OMEGA HEALTHCARE INVESTORS INC.

OHI

0.28%

$22.62

2,703,409

Prosperity Bancshares Inc.

PRSP

0.27%

$40.50

585,119

COMMONWEALTH REIT

CWH

0.22%

$25.22

277,090

MEDICAL PROPERTIES TRUST INC.

MPW

0.18%

$11.07

1,526,512

TELEFLEX Inc.

TFX

0.15%

$56.01

3,714,864

EarthLink Inc.

ELNK

0.13%

$7.81

697,813

ALLIANT TECHSYSTEMS INC.

ATK

0.11%

$68.54

523,630

DST SYSTEMS INC.

DST

0.10%

$48.78

828,438

OWENS & MINOR INC.

OMI

0.10%

$30.46

1,212,417

THE HANOVER INSURANCE GROUP INC.

THG

0.09%

$45.43

750,888

ARCH COAL INC.

ACI

0.08%

$33.67

238,062

CARDINAL HEALTH INC.

CAH

0.07%

$40.10

87,659

Constellation Energy Grp.

CEG

0.07%

$30.90

109,825

PORTLAND GENERAL ELECTRIC COMPANY

POR

0.07%

$23.23

150,350

IAMGOLD Corp.

IAG

0.07%

$20.52

188,575

JDA Software Group Inc.

JDAS

0.07%

$27.91

125,084

EVEREST RE GROUP LTD.

RE

0.07%

$82.08

40,225

GAP INC.

GPS

0.06%

$21.72

160,927

ALLEGHENY ENERGY INC.

AYE

0.06%

$24.99

142,100

Cephalon Inc.

CEPH

0.06%

$55.57

52,450

COMPUTER SCIENCES CORP.

CSC

0.06%

$46.57

63,921

NATIONAL SEMICONDUCTOR

NSM

0.06%

$14.38

217,959

URS Corp.

URS

0.06%

$44.74

73,998

HARRIS Corp.

HRS

0.05%

$44.25

66,278

Of all the stocks in the portfolio we like Intel (INTC). It has a P/E of 10.4, P/B of 2.3, and P/S of 2.7. The industry averages are 18.3, 2.7, and 2.6, respectively. From 2001 to 2007, Intel’s price to sales multiples were 8.1, 3.9, 7.0, 4.4, 4.0, 3.4, and 4.1, respectively. Using Intel’s Q1 estimates of $11.5 billion in revenues and several expense deductions, EPS is projected to come in at $0.51. This implies an EPS of $2.10 for the year through Q1 2011. 12 months through Q1 2010, EPS was only $1.09. Q1 2011 earnings are released on April 19. Intel was on our list of cheap, high yield dividend kings for 2011.

Intel drew in $43.6 billion in revenues in 2010, which is an increase of 24.19%, after declining 6.5% in 2009. Net income came in at $11.46 billion (+162.39%). In 2009, profits were only $4.36 billion (- 17.4%). In 2010 and 2009, profit margins were 65.3% and 55.69%, respectively, and the EBT margins were 36.78% and 16.2%, respectively. ROIC climbed to 24% in 2010, after posting only 10.28% in 2009. The current ratio is 3.39, with a minuscule D/E of 0.04. EPS jumped over 160% to $2.01, implying a P/E of 10.6.

However, JP Morgan analyst, Mark Moskowitz, lowered his expectations for PC shipments in 2011 on Monday, prompting Christopher Danley-- the JP Morgan analyst who covers Intel-- to suggest that Intel’s stated guidance is too optimistic. Danley also said in a research note that he thinks Intel’s production rates are too high for lower PC market demand.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 35 Stocks Master Investor David Dreman Can't Get Enough of Today