In the past two years, I've learned a great deal about the practice of stock market investing. Below is an investment framework that I've distilled down to from giants such as Warren Buffett, Chuck Royce, John Templeton, Bill Miller, Francis Chou, Peter Cundill and Tom Stanley.

A look at the best-performing stock of the year, Dendreon, (nearly 300% return in 2 weeks) and why value investors should not dismiss it.

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.