When large caps make a run for it, Fools pay attention.

Think of Microsoft. After years of poor performance, Mr. Softy and his $300-billion-plus market cap began making a move last month, enriching investors who bought and stayed in.

Hence this column. For as much money as there is to be made in fast-movers like Key Technology (NASDAQ:KTEC), which hit a new 52-week high on Wednesday, the turtle often beats the hare. Here's a look at Wednesday's finest terrapins, courtesy of The Wall Street Journal:


Closing Price

CAPS Rating
(out of 5)

% Change

52-Week Range

Harley-Davidson (NYSE:HOG)





Limited Brands (NYSE:LTD)





Campbell Soup (NYSE:CPB)















Sources: The Wall Street Journal, Yahoo! Finance, Motley Fool CAPS.

Shares of our top gainer, biker baron Harley-Davidson, were up for reasons not yet reported. So be it. We Fools prefer buy-to-hold stock stories anyway. Are any of our large-cap leaders worth owning over the next three to five years?

Not really, no -- if you believe the 75,000-plus professional and amateur stock pickers in our Motley Fool CAPS community. But don't worry too much about that. Applehas spent much of its life in CAPS as a two-star stock, and it's been a 20-bagger since 2002.

A little bit of Limited on my mind
So let's eschew the five-star stocks here. They're too obvious. Not so with Motley Fool Inside Value selection Limited Brands, which earns just two stars.

If you're seeking to understand why, look no further than the third-quarter report Limited gave on Tuesday night. Profits fell 48%. Same-store sales declined 3%. Total revenue dropped from $2.1 billion in last year's Q3 to $1.9 billion this year.

Not that Limited is alone, mind you. Retailing peers such as New York & Co. (NYSE:NWY) have had plenty of problems of their own.

Yet investors in Limited won't sell. To the contrary -- they were buying on Wednesday, and they're still buying today. Could Victoria's Secret be the hidden value in an unfairly beaten-down stock? Here's an excerpt from lead advisor Philip Durell's write-up in the August issue of Inside Value:

The company has had success launching new brands and in-store concepts. It currently has nine C.O. Bigelow personal care and beauty stores and also sells the brand at Bath & Body Works. The wildly successful PINK in-store concept now has three standalone stores. The company has 84 White Barn Candle company stores, and in 2006, it opened six Diva London accessory stores.

I'll add that Limited appears undervalued on the basis of Philip's discounted cash flow analysis and that it sports a 0.91 PEG ratio. (A ratio of 1.00 is finance-speak for "fair value" when it comes to the PEG.)

Between the numbers, and my wife's passion for Bath & Body Works, I'm compelled to give a place to Limited in my CAPS portfolio. But that's me. What about you? What would you do? Let us know by signing up for CAPS today. It's 100% free to participate.

Cap off your day with related CAPS Foolishness:

Fool contributor Tim Beyers, who is ranked 9,753 out of nearly 40,000 rated participants in CAPS, owned shares of New York & Co. at the time of publication. Find Tim's portfolio here and his latest blog commentary here. Limited Brands and Microsoft are Inside Value picks. New York & Co. is a Motley Fool Hidden Gems recommendation. Paccar is a pick in Stock Advisor. The Motley Fool's disclosure policy doesn't need to be large to be in charge. But it is.