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[$$] 5 Global Stock Picks for Bargain Hunters

Charles Pohl and Diana Strandberg are more than willing to be patient. The fund’s benchmark, the MSCI World Index, has nearly the opposite portfolio mix, with 40% in foreign markets and 60% in the U.S. The cheaper stocks get, the more the two want to buy. “There’s very strong secular growth in some regions outside the U.S.,” says Pohl, 60, chief investment officer of Dodge & Cox.