Fidelity National Financial, Inc. (NYSE:FNF)

Staying power is a plus.

div yield & low PE

Long-term play on the housing recovery with the special sauce of the private equity portfolio and the nice dividend. This should be a nice gainer over the long-term.

dividend stock.

Dominant player, has gained market share post real estate meltdown

Title insurance is required for all financed properties and often purchased even if paying cash. FNF has a significant market share, PE of 9 and pays a 3% dividend.
I do own a small position.

Market leader that should appreciate as housing sales improve.

http://www.fool.com/investing/general/2011/02/23/want-guaranteed-13-yearly-returns.aspx

FNF has been unfairly penalized in the market. A standout in the industry.

Trading at an 8-9% discount to book value, trailing P/E<9, and forward P/E <12 with a $5 billion cash pile and less than $1 billion in debt. There's been a lot of negative sentiment hitting this stock b/c of concerns about its exposure to the housing market via the title insurance business and a recent dividend cut. However, the dividend cut is being used to fund share buybacks of the highly undervalued stock, and in my opinion is a better use of the capital. When the housing market eventually recovers, this sucker is going to soar, and in the meanwhile I'll kick up my heels and collect the still substantial 3.5% dividend.

Great Dividend. Housing Market can't be down forever...

Value, dividend

Near monopoly, free cash flow machine and grossly undervalued. Fundamentals stable to improving, though will never reach growth rates of the past. Stock is worth over $20 and management aggressive buy backs signaling their own stock is best use of free cash. Div yield also nice at 5+%.

Inside Value pick

Cheap, still pretty small. Not much wall street coverage. Pays a good dividend. Yielding about 5%. Made a smart move by buying out a competitor.

http://www.fool.com/investing/general/2010/11/04/why-im-buying-these-options-now.aspx?source=isesitlnk0000001&mrr=0.50

Near-monopolist in title insurance that took a recent beating in stock price and is paying steady dividends.

Once the housing market stabilizes and takes a turn upwards, maybe in 2011, this financially strong company should start a steady appreciation. Take the good dividend while you wait.

You have to have title insurance. The real estate industry doesnt function without it. FNF is now the largest and has the LandAmerica acquisition in its rear view mirror. Trading below book value, and at least on the surface committed to a dividend, they have positioned their balance sheet and cost structure to rebound well when the real estate industry stabilises. Today's price gives us an opportunity to set a low cost basis and collect the divis while we wait. Either nothing recovers and all our stocks are worthless, or title insurance and the real estate will eventually recover (again) and this will look like a very astute investment.