The John Rogers Contrarian Playbook: How Envista, MSG Entertainment, and Smucker

SJM yields 3.91% at 12x forward earnings with a beta of 0.264, while NVST pays no dividend and trades at 66x trailing PE.

Smucker's free cash flow surged 42% to $1.16B in FY2026, backing 27-plus consecutive years of quarterly dividends with steady raises.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and J.M. Smucker didn't make the cut. Grab the names FREE today.

John Rogers, founder of Ariel Investments, built his reputation on patient, long-horizon value investing in quality small and mid-cap businesses that are temporarily unloved or misunderstood. Rogers prefers durable franchises with strong brands, buys them when sentiment is poor, and holds through years of doubt while the market catches up. That approach can be powerful, but it does not automatically make every contrarian name appropriate for a retiree who needs income reliability, business predictability, and lower volatility.

The three stocks below all sit somewhere on Rogers' contrarian spectrum. The question for a retirement-focused investor is narrower: which of these out-of-favor names actually pays investors to wait, and which requires nerves a 70-year-old may not want to test?

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/john-rogers-contrarian-playbook-envista-132550790.html)