One possibility: Kerkorian hopes to gain enough influence at Ford to eventually get rid of the Class B shares, which gives the Ford family 40% voting control despite owning just 4% of the company's stock.
He also likes electronic-products maker Hubbell Inc. (nyse: HUB.b - news - people ), which reported a 39% gain in first-quarter revenue, as well as 20 consecutive quarters of positive operating cash flow.