"Third Avenue management recently reported a 17.2% stake in the company, up from the 15.6% it first reported in April."

The latest festival of stocks is now up. It features plenty of great posts that'll keep you busy this week. But, it's a little different than in previous weeks: "Several of the best posts of the last week happened to be on the same topics. Rather than attempting to fight the tide and admit inferior posts in their place, I decided to embrace the idea of multiple posts on the same topic."

Stock Category: Turnaround
Ticker: HDL
Share Price: $6.95 (Mar. 9, 2007)
Intrinsic Value: $14.76
Suggested Buy Range (66% of IV): Below $9.74
Market Cap: $141 million

Handleman is an understandable business with a wide margin of safety, quality management and rock-bottom valuations. For these reasons it qualifies as a stock pick from The Picky Investor.