The Globe and Mail reports in its Tuesday edition that value investor Michelle Head-Kim believes now is an ideal time to buy beaten-down stocks that investors would want to hold for the long term. The Globe's Brenda Bouw quotes Ms. Head-Kim as saying: "Only certain sectors of the market have really moved ahead, like technology, while businesses in others, like financials and health care, are being ignored. So, it's a good opportunity to find companies that are being overlooked and have great value." Ms. Head-Kim is portfolio manager at Toronto's Lorne Steinberg Wealth Management, which oversees more than $800-million in assets. The firm has been adding health care and consumer staples names to its Global High Value Equity Fund, which returned 12.4 per cent year-to-date, 14.3 per cent over the past 12 months and had a three-year annualized return of 7.5 per cent. "A name we own and have been adding to is CVS Health, one of the largest integrated pharmacy services providers in the U.S.," she says. "The cool thing about CVS that people don't know about is its pharmacy benefits division, which puts it in a position to reduce health care costs by focusing on pharmacies and clinics instead of just doctors and hospitals."