Oxford Industries, Inc. (OXM)

This is an excellent value play that just crossed the fool.com 100MM threshold, as it was absolutely pummeled by the market.

I feel that the management is top notch and they have a portfolio of absolutely top-notch brands. My closet is replete with Oxford and Ben Sherman shirts, the source of many complements over the years. Their conservative fiscal philosophy is calming during these turbulent economic times.

It seems that "smart money" is starting to come back into the market in drips--MGM up 50% (CAPS portfolio company) in 1 day. I feel that we're going to get a splash Oxford's way and the exciting thing about Oxford is that they still have some good equity option coverage. I expect within the next week to three months that leveraged equity instruments will allow this stock to jump a la MGM to parity with the Capital IQ enterprise value of 312.73MM versus its current 116.74MM market cap, representing a handsome upside potential with 62.48M in Leveraged Free Cash Flow.

Oxfords does roughly 1.5B in sales a year while only being valued at 387.85M. Also paying a nice dividend and solid growth projection for the future make this stock a good buy.