Finding value on the 52-week high list

|By:, SA News Editor

A dose of fundamentals analysis reveals a trio of stocks that look cheap despite trading near 52-week highs, according to Barron's Jack Hough.

The group all features steady cash flow in industries where margins are improving, while trading below 15X 2013 earnings estimates.

In the bargain bin: CSX (CSX -0.3%), Owens Illinois (OI -0.5%), Hillenbrand (HI +0.9%).