Electronic components distributor Premier Farnell shares trade at just a touch over their year lows, which places them in cheap territory. If you believe the latest reports that indicate the recession has reached its nadir, now is probably a good time to dip your toe back into groups such as Premier Farnell. Tentative buy suggests the Independent.The task now is to lift Premier's recalcitrant US business to similar levels. But the more compelling macroeconomic case is that Premier's fortunes usually track the US Purchasing Managers Index - and this is starting to improve. At 136p, up 7p, the shares trade at 12 times earnings and yield nearly 7%. Buy says the Times.There is more than a glimmer of hope for investors in yesterday's full-year results statement from stockbroker Charles Stanley.The firm said it was optimistic about the future, with clients demonstrating greater confidence in recent weeks. Investors' confidence will also have been helped no end yesterday after the group increased its dividend by 2%, and for those that fancy a bet on something a little bit racy, Charles Stanley is a strong candidate. Buy says the Independent.Recession seems to have passed by Christmas savings and corporate reward outfit Park Group. Chief executive, Chris Houghton, insists the shares are still undervalued given the potential the company still has to exploit online sales and sell more incentive vouchers to more companies. Park has proved itself a recession winner. Buy says the Independent.At 22p, or ten times earnings, and Park's cash equal to one third of its stock market value, hold for the yield alone adds the Times.Tate & Lyle has had a turbulent time over the last six months. The company has issue profit warnings and lost a patent case in the US. The share price has underperformed significantly. However, the Telegraph feels the shares have been oversold and recommends investors buy them for their chunky 7.5%yield, after the share price appears to have turned a corner.BP shares are 8% higher than when recommended and trading on a 2009 earnings multiple of 13.2 times. The yield is 6.4%. Buy says the Telegraph.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.