One of those I especially like now is May Department Stores (nyse: MAY - news - people ), America's largest such chain, at 50% of annual revenue, 4 times cash flow (in the sense of 2002 net income plus depreciation) and with a 4.1% dividend yield.
Still, in that backdrop you can buy it at only one times revenue, seven times trailing earnings and three times cash flow (in the sense ofnet income plus depreciation).