The John Rogers Contrarian Playbook: How Envista, MSG Entertainment, and Smucker Stack Up for Retirement Investors

Quick Read

• SJM yields 3.91% astatine 12x guardant net with a beta of 0.264, portion NVST pays nary dividend and trades astatine 66x trailing PE.

• Smucker's escaped currency travel surged 42% to $1.16B successful FY2026, backing 27-plus consecutive years of quarterly dividends with dependable raises.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and J.M. Smucker didn't marque the cut. Grab the names FREE today.

John Rogers, laminitis of Ariel Investments, built his estimation connected patient, long-horizon worth investing successful prime tiny and mid-cap businesses that are temporarily unloved oregon misunderstood. Rogers prefers durable franchises with beardown brands, buys them erstwhile sentiment is poor, and holds done years of uncertainty portion the marketplace catches up. That attack tin beryllium powerful, but it does not automatically marque each contrarian sanction due for a retiree who needs income reliability, concern predictability, and little volatility.

The 3 stocks beneath each beryllium determination connected Rogers' contrarian spectrum. The question for a retirement-focused capitalist is narrower: which of these out-of-favor names really pays investors to wait, and which requires nerves a 70-year-old whitethorn not privation to test? We fertile them from slightest to astir due for a status portfolio.

3. Envista

Envista (NYSE: NVST) is the purest Rogers-style turnaround successful this group, and that is precisely wherefore it ranks past for a retiree. The dental products shaper down Nobel Biocare, Ormco, Kerr, DEXIS, and Spark has been a multi-year laggard, with shares down 37.9% implicit 5 years and closing astatine $27.02 connected June 29, 2026.

The operating betterment is underway. Q1 FY2026 delivered adjusted EPS of $0.36 versus $0.31 expected, gross of $705.5 million, up 14.4% twelvemonth implicit year, and adjusted EBITDA maturation of 25%. CEO Paul Keel called it a "good commencement to 2026" with 9.5% halfway gross growth. Management authorized a caller $300 cardinal buyback done the extremity of 2029.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and J.M. Smucker didn't marque the cut. Grab the names FREE today.

The status caveats are significant. Envista pays nary dividend, trades astatine a trailing P/E adjacent 66x (forward P/E 20x), and carries the highest beta of the 3 astatine 0.886. CEO Paul Keel besides disposed of 12,811 shares astatine $23.43 connected May 25, 2026. The contrarian thesis holds, portion the income and stableness illustration remains weak.

2. MSG Entertainment

Madison Square Garden Entertainment (NYSE: MSGE) owns genuinely irreplaceable assets: Madison Square Garden, Radio City Music Hall, the Beacon Theatre, the Chicago Theatre, the Christmas Spectacular, and the Rockettes. That is precisely the benignant of durable franchise Rogers favors. Shares closed astatine $80.95 connected June 29, 2026, up 99.9% implicit the past twelvemonth and 50.2% twelvemonth to date.