In a market that's up about 30% over the past year, it can be hard to find great values. P/E ratios are high, and companies with strong prospects have already been bid into the stratosphere. Value investing in 2014 may be hard, but it's also worth the effort. 

While the market has been bidding up hot stocks with top-line growth and little bottom-line profit, it has left behind some companies that spit off cash like no tomorrow. 

In the video below, Fool contributor Travis Hoium explains why he thinks Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and DuPont (NYSE:DD) provide some great values for investors, even if the market doesn't like their boring businesses right now.