As part of a recent charity event, top strategists John Rogers and David Herro talked about where they are currently finding value in the market.

Rogers, who heads Ariel Investments, “focused on long-term value investing in ‘out of favor’ media stocks” at the Chicago event, Crain’s Chicago Business reported. Rogers recommended that attendees take a look at three of his media holdings, Gannett Co., CBS Corp. and Viacom Inc.

Herro, who was recently named one of Morningstar’s fund managers of the decade, focused on Japan, citing the country’s recovering economy. He is particularly high on Daiwa Securities Group Inc., thanks to its growing revenue and relatively attractive book value, Crain’s says.