Shares of BP (BP) have dropped over 6 percent this year and 25 percent over the past 12 months, but as the price of oil recovers the oil major's stock will see a tremendous bounce, said Yale Bock, portfolio manager at Y H & C at Covestor. 'They will benefit from the weakness in the space, potentially snapping up some of the weaker competitors,' said Bock. 'They have also improved operationally and they are making their onshore, Lower 48 division more efficient.' Bock is also bullish on Biglari Holdings (BH) , up 12% year-to-date, calling the company cheap after adding up the sum of its vast parts. Biglari holds stakes in Cracker Barrel (CBRL) and Maxim magazine publishing. It also operates Steak n Shake restaurants and has a truck insurance division.
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