In his latest column for Nasdaq.com, Validea CEO John Reese takes a look at some basic materials stocks that are offering big value.

Reese notes that many of these stocks have been hit hard during the recent market turbulence, with Europe’s debt crisis and China’s slowing growth leading to fears that their products won’t be as in-demand. “But while those concerns are certainly legitimate, investors often overreact in these situations, and fear — not fundamental reality — drives them to sell off good stocks,” writes Reese. “My Guru Strategies think that’s been what has happened to a lot of basic materials stocks lately. These approaches, each of which is based on the strategy of a different investing great, are finding a lot of value in the sector. If the fears about Europe and China end up being even only a bit overstated, good companies within the sector could end up producing a lot of upside surprises, making for some nice games for their shares.”

Reese offers five materials stocks that get high marks from his strategies. Among them: Curtiss-Wright Corp., which gets strong interest from his Benjamin Graham-inspired model. To read the full article and see all the picks, click here.