Laszlo Birinyi is a fan of stocks that go down on what he calls "nonrecurring bad news" (think...

|By:, SA News Editor

Laszlo Birinyi is a fan of stocks that go down on what he calls "nonrecurring bad news" (think News Corp.). On that front, one of his favorites now is Walgreen (WAG). Another top pick - Sears Holdings (SHLD) - owns the real estate on which its stores sit, and should benefit from the property recovery. Whose work does he follow? "There are some (WS strategists) I keep an eye on because they are fairly consistently wrong."