Ascena disappointed with its holiday sales, but its recent share declines make this solid long-term performer a bargain in the eyes of my Kenneth Fisher-based model.

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Fisher's investment method is to model the MSCI and then try to beat it by overweighting countries and industry sectors he thinks will do better in the coming year.

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Fisher Wu, China: My role model is my mother.

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Fisher says the United States does have a model for how to get things going again.

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Click here for model portfolios according to Buffett, Lynch, Fisher, Greenblatt and Zweig in Validea Hot List.

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Click here for model portfolios according to Buffett, Lynch, Graham, Fisher, Greenblatt and Zweig in Validea Hotlist.

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