"John Rogers, of Ariel Capital, picks Interface (IFSIA, OTC around $9) as his current favorite.
"The firm holds 45 percent of the world market for carpet tiles. Interface has fallen on hard times of late; investors have sold the stock due to fears that a softening economy will lead to a slowdown in sales. According to Rogers, however, the firm's geographic diversity should help in any downturn . . . He expects earnings to rise modestly this year from $1.27 to $1.30 a share and then jump to $1.45 a share in 1991 . . . the stock is a buy."
"Mary Farrell of Paine Webber selects A&W Brands (SODA, OTC around $32) as her current favorite.
"Sales and earnings gains for this soft-drink maker are continuing to rise. Nevertheless, the market has chopped 22 percent off the stock's value over the past six months. Although root-beer wars have heated up in key markets like New York, Farrell notes that growth in the company's overseas operations should more than offset competitive pressures at home . . . Overall, she considers the stock a good, defensive play."