Charles Bath, whose Diamond Hill Large-Cap Value Portfolio is in the top 2% of funds in its class, according to Morningstar, says that in an environment in which earnings growth is decelerating, he’s focusing on companies that are growing earnings at a good pace. Bath also tells CNBC that just because major indices are at or near all-time highs, that doesn’t mean stocks are overvalued. “I know everyone’s focused on the fact that the market is near an all-time high, but it hasn’t gone anywhere in 13 years,” he said. He talks about a couple of his top current picks, including AIG and TJX Companies.